COVID-19: UK hardwood trade suffering from lack of finance and poor margins

COVID-19: UK hardwood trade suffering from lack of finance and poor margins
    UK hardwood market was not in total lockdown in April, but activity was radically reduced by the Covid-19 epidemic.    Most UK hardwood companies had taken advantage of the new government grant scheme to furlough personnel. One leading importer/distributor said they had ‘downsized’ in line with demand. Others had shut their doors entirely, initially for three weeks.    “Some customers are continuing to operate for the time being, and we’re still getting orders,” they said. “Some construction sites are still working and joinery companies are staying open ...

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