Flowering Plants warns on economic forces

Francis Richardson of Flowering Plants has said the sector must be wary of forces beyond its control and has contacted customers ahead of Four Oaks trade show to say what the company had been achieving to cater for them.

Image: Flowering Plants
Image: Flowering Plants

Richardson said concerns that the US Federal Reserve plan to increase their base rate by a further
3% would affect the cost of borrowing world wide. He also questioned whether the UK Government will be able to borrow, and pay subsidies which keep house prices up.

In his letter to customers, Richardson asked whether the sale, a few months ago, of the residual loan book of a rescued bank boded well for the ability of the British Government to cater for the return of UK house prices to affordable levels?

"In difficult times the best of horticulture has always done well, but as customers have less disposable income, they become more choosy about how they spend it", he said.

"Do recently published accounts of major retailers show that this is happening?"

Richardson offered his customers ways forward through his irrigation systems and will exhibit at Four Oaks show on 5-6 September and GroSouth on 8 November.  


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

Hebe

Hebe

These plants are enjoyed for their dense spikes, panicles or racemes of flowers and for their foliage, writes Sally Drury.

Quercus

Quercus

Oak trees are iconic, produce spectacular autumn foliage and benefit the natural environment, Sally Drury reports.

Dianthus

Dianthus

A impressive variety of shapes and shades makes these plants popular in the garden as well as for floristry, writes Sally Drury.


Editorial...The horticulture industry's top five areas of concern

Editorial...The horticulture industry's top five areas of concern

Having been Horticulture Week editor for more than six months, I’ve got a good idea what horticulturist’s main gripes are.

An ideal time to raise our game

An ideal time to raise our game

Work together to build more plant sales

Work together to build more plant sales

Different sections of the industry came together in a spirit of cooperation as a result of Covid-19.


 

Horticulture Week

The latest developments concerning coronavirus for horticulture industry professionals involved in buying or selling garden products and plants or producing and participating in horticultural shows and events.
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Horticulture Week Top 100 Ornamentals nurseries

See our exclusive RANKING  of ornamentals nurseries by annual turnover  plus the  FULL REPORT AND ANALYSIS

Tim Edwards

Boningales Nursery chairman Tim Edwards on the business of ornamentals production
 

Read Tim Edwards

Pest & Disease Tracker bulletin 

The latest pest and disease alerts, how to treat them, plus EAMU updates, sent direct to your inbox.

Sign up here

Are you a landscape supplier?

Horticulture Week Landscape Project Leads

If so, you should be receiving our new service for Horticulture Week subscribers delivering landscape project leads from live, approved, planning applications across the UK.

Peter Seabrook

Inspiration and insight from travels around the horticultural world
 

Read more Peter Seabrook articles