The British Furniture Manufacturers (BFM) has revealed that UK furniture manufacturers face ‘serious resource problems’ if restrictions are placed on the movement of labour to the UK from other EU countries.
Mattresses, upholstery and bedroom furniture all reported an import growth during December, whilst floorcoverings, office and kitchen furniture saw a monthly decline.
Soft furnishings supplier Cleland McIver has reported a fourth consecutive year of turnover growth, as profit also continued to rise.
Liquidator’s of interior design firm Interior Supply Limited has reported that creditors face a shortfall of more than £669,000.
According to the latest UK Production Turnover data by the Office for National Statistics, total December 2016 sales for the furniture manufacturing industry as a whole fell by 24.1% to £600m from £790.7m in November.
A new independent office furniture firm has launched in the UK securing distribution rights from three global manufacturers.