The following is an extract from a press release from one of our major suppliers
" The year has continued to be very challenging for businesses, and I’m sure you’re all aware of the recent press reports regarding cost price pressures. Despite our efforts, we have not been immune to these pressures, and after close monitoring of the market situation, it has now become necessary for us to issue a new price list, which will take effect from 18th September 2021.
We want you to know that we don’t take this increase lightly but we have faced unprecedented increases in a number of costs over the last few months, including shipping costs and raw materials."
Unfortunately Trade Tools is forced to increase prices accordingly & the cost of some tools will rise in line with suppliers increase