| Topic: | Re:Re:Re:Re:Re:Re:Rivercourt Road restrictions | |
| Posted by: | Tom Pike | |
| Date/Time: | 17/12/24 21:12:00 |
| "It blames the closure of a DIY merchant on the restrictions although, in theory their customers could have arranged for exemption to visit." It was a chain of builders merchants with six sites. Its collapse had little to do with an LTN that was introduced back in July 2020. Of course that didn't stop the Hammersmith Society from pointing fingers. From https://www.building.co.uk/news/london-builders-merchant-sinks-into-administration/5130767.article In its last set of accounts for the year to March 2023, Hitchcock & King said turnover was hit by “weak demand for building materials in the RMI market” while interest rate rises and falling house prices also hit demand. Revenue during the period fell 17% to £13.3m with the firm slumping to a £1.3m pre-tax loss from a £1.1m profit the year before. |