Company News
Price increase due to volatile exchange rates
Due to the current worldwide downturn and dramatic fall in the value of the British Pound, it is with much regret that we will need to invoke clause 3 of our Terms and Conditions of Sale.
3. Price
All Quotations are strictly cash unless otherwise agreed and are exclusive of Value Added Tax. All prices given are based on an ex-works basis unless otherwise stated, and are fixed for a period of 30 days from order. Beyond this fixed price period the Supplier reserves the right to increase the price to reflect any cost increases that may have been incurred. Where Goods are imported the offer price includes for the necessary import costs including relevant rates of exchange, taxes, duties and associated fees. Should these rates increase then we reserve the right to adjust the offer price similarly.
As of the 1st January 2009 and for the foreseeable future, and until a period of stability is reached, all orders / offers that have products imported from Europe will be based on the weekly rate of exchange as posted on the HM Revenue and Customs web site www.hmrc.gov.uk. All offers will now state the exchange rate used.
We wish to apologise for the inconvenience this will cause our valued customers and we will endeavour to help wherever possible.
