Headline News

Abdex Hose & Couplings Ltd, which is celebrating its 45th anniversary this year, re-located to larger premises on 1 March. The new site, in Clarke Road, Bletchley in the heart of Milton Keynes, comprises a 10,000 sq ft unit – a sizeable increase compared with the company’s previous 3000 sq ft facilities.

In Focus

Our oceans are blighted with plastic waste. Globally, we're creating over 300 million tonnes of plastic every year, as it is a cheap and adaptable form of packaging. But its ease of use is coming at a cost we cannot afford to pay any longer - our seas and our sea life are being poisoned by plastic. In 2015, 322 million tonnes of plastic, enough to weigh the same as 900 Empire State Buildings, was produced.

Businesses across the UK can receive a major impact if a machine were to break down. If the right preparations aren’t implemented, technical disturbances to appliances can have a significant detrimental impact on the productivity and profit margin of a business. A field service management firm called Oneserve had commissioned a study, with the collaboration of UK manufacturers; machine downtime costs the UK approximately £18 billion a year.

A competitive and reliable energy deal is vital for running a successful business. It helps keep overheads low while productivity is high, which creates a profitable business. But with the UK (potentially) eventually leaving the European Union, what concerns are there to be had over energy supplies for UK businesses? After all, the UK has become very reliant on the energy being imported from abroad, including EU countries such as The Netherlands and France.

Petrol is an expense which many people must factor in to their weekly budgets, and the fuel industry has maintained a constant upward gradient as the car market continues to grow.

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Editor's Comment 

The UK oil and gas sector is fighting hard in a bid to restore competitiveness, and expects to have improved efficiency and its average unit operating cost by more than 40% compared with two years ago.

The current challenges for the offshore oil & gas industry are significant. But it is also important to recognise there are also continuing opportunities. Concerted action by the industry to improve efficiency across the sector is leading to an estimated 22% – over £2 billion – reduction in the cost of operating existing assets by the end of 2016. Supported by the first annual production increase for 15 years, the unit cost of operating UK oil and gas assets will also improve.

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