Sir John Whittingdale, MP for Maldon, visits Straight Edge Manufacturing Ltd in Burnham Business Park.
Straight-Edge Manufacturing Ltd is one of the last UK manufacturers of Professional Musical Equipment, making hand built guitar amplifiers and speaker cabinets along with PA systems for a number of well-known brands. They employ around 30 people but are faced with a substantial increase in costs as a result of the increase in Employer’s National Insurance Contributions in the Budget.
Sir John said: “Straight-Edge is a successful small business which is succeeding in a highly competitive in market. However, profit margins are very tight and the increase in NICs in the Budget is a real kick in the teeth. Like for so many other firms, the consequence will be lower wage rises and or fewer jobs and I hope that even at this late stag, the Chancellor will think again”.
Sir John is pictured with Ian Wilson, Founder and CEO.
