Furniture giant warns overseas competition is hitting UK production
Nottinghamshire furniture manufacturer Whitemeadow has warned that increasing overseas competition and pressure on household finances are hitting UK production volumes.
Whitemeadow Ventures reported turnover of £61.2m and pre-tax profits of £3.4m for its first 14-month trading period to December 31, 2025. The Sutton-in-Ashfield-based group employs 446 people. Directors said underlying turnover had fallen 7.3%, with difficult market conditions, increased imports and pressure on consumer spending w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
