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Industry

Key industry figure: budget good for Ipex

The increase in capital allowances in the budget give an unexpected fillip to next week’s Ipex says a key industry figure.

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Cheers mate: Gerry Mulvaney of Landa says he will raise a glass for the budget’s cut in beer prices

Reacting to the chancellor’s budget and speaking exclusively to Print Monthly Landa Digital Printing’s Gerry Mulvaney says: “I am not sure if the increase in capital allowances will make a huge difference to press suppliers, but it is good news on the eve of Ipex for suppliers of print equipment in general.”

Personally, the pension reform could not come at a better time and I will raise a glass of Nottingham brewed beer to the Chancellor since it will now be one pence cheaper than last week

“As usual, the devil will be in the detail that will emerge in the coming days, but the very positive message given by the chancellor about the growth in economy will undoubtedly benefit the printing industry. As business in general feels more confident about the future they will start to spend more on marketing and promotion, which although now includes a broader range of digital media will also include printed materials. Successful print businesses are already including digital media in their offerings, so they will be able to capitalise.”

He also had a personal note of thanks to George Osborne as he views future retirement. Mulvaney says: “Personally, the pension reform could not come at a better time and I will raise a glass of Nottingham brewed beer to the Chancellor since it will now be one pence cheaper than last week!”

Will your company be buying kit as a result of the budget? Your views please to online_ed@printmonthly.co.uk


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