The Chief Executive of Travis Perkins – the parent company for Wickes – has commented that the spending cuts announced by the government could actually be a good thing for the DIY retail section. Speaking after announcing a group growth of 7%, Geoff Cooper said that at a time home owners are feeling uncertain about the impact the spending cuts will have on them, home owners will be looking to improve the appeal and value of their home through DIY projects and by using local tradesmen for more home improvements.
Wickes currently has 190 stores throughout the UK – with 34 located in the London area – and Mr Cooper put the company´s growth to their range of products being competitively priced to attract business from London tradesmen amongst others.
His optimistic comments were backed up by the latest “Money Mood Survey” from Legal & General which found that 60% of those questioned were actively saving for the future during the last month. One of the biggest categories that people were saving for was home improvements, with the survey showing that the fear of job losses and difficult economic times are forcing people to reconsider how they spend their money.
If you are one of the many people re-assessing how to make the most of your home, we suggest that you use our “Post-a-Job” facility to get tradesman quotes on the jobs you would like to give priority to, or contact a local tradesman in London through our Tradesmen´s Directory.