Banks shy away from tree conference tackling credit crunch

Tree contractors are to be told how to tough out the recession and survive the collapsing housing market by an expert who wants to embarrass banks into action.

The conference - Survival of the Fittest - How to Succeed in a Recession -  aims to help arborists and other tree experts stave off the worst effects of the "impending recession", said organiser and arb consultant Ken Linford.

"The massive downturn in the housing market has stopped site work and reduced the level of commercial enquiries to a trickle," he said.

"This has left many firms searching the domestic and utility markets for work. But it is an overcrowded market and margins will suffer."

The Arboricultural Association, Lancashire County Council and business people around Preston will speak at the evening seminar on 10 November.

Local property millionaire Tim Knowles will outline his view of the market, while accountant David Lucas will suggest a checklist of things to look out for.

Paul Bullimore, county forestry officer, will detail capital plant grants available to small firms. Linford said local banks were cagy when asked to take part in a forum. 

"One sent us to the head office, which directed us back to the branch. Another put us in touch with a lady in Calcutta who also pointed us back to the local branch.

"They just don't want to know. Evidence is mounting of contractors' overdrafts being cut, arrangement fees being hiked and interest rates shooting up.

"The banks should be embarrassed into taking action, especially after trying to ram loans down people's throats only six months ago."

Survival of the Fittest - How to Succeed in a Recession is at 6pm on Monday 10 November in Chorley.

Contact Linford on 07831 840123.


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Read These Next

How are employers in horticulture developing their offer to staff?

How are employers in horticulture developing their offer to staff?

Thanks to a skills shortage in horticulture, employers are working hard to enhance their offer to new recruits -- from training to profit-share schemes. Rachel Anderson reports on developments at six firms in very different branches of the industry.

Business planning - Dealing with skills shortages

Business planning - Dealing with skills shortages

A limited supply of labour makes it more important to be an attractive employer, says Neville Stein.

Business Planning - Be prepared for living wage rise

Business Planning - Be prepared for living wage rise

Cutting staff is not always a smart response to higher labour costs, writes Neville Stein.


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

HORTICULTURE WEEK Custodian Awards

The Horticulture Week Custodian Awards are open to all professionals responsible for the management and development of parks, gardens and other green spaces. Find out more about how and why you should enter the 2019 Custodian Awards.

Horticulture Jobs
More Horticulture Jobs

BUSINESS LEADs

Build your business with the latest public sector tenders covering landscape, arboriculture, grounds care, production and kit supplies. To receive the latest tenders weekly to your inbox sign up for our Tenders Tracker bulletin here.

HW Top UK Arboriculture Businesses

See our exclusive RANKING of arboriculture businesses by annual turnover. 

HORTICULTURE WEEK Custodian Awards

Find out more about the outstanding parks, gardens and arboricultural projects and teams that became our Custodian Award 2018 winners.

Jeremy Barrell On...

Jeremy Barrell

Tree consultant Jeremy Barrell reflects on the big issues in arboriculture.

Products & Kit Resources