Response to Budget 2021

  • 5th March 2021
  • News

Electrocoins John Stergides shares his thoughts on the recently announced Budget 2021

The chancellor continues to ignore the very same businesses he’s relying on to drive manufacturing in the recovery

The budget 2021 is good for everybody else except for the manufacturers and distributors in the supply chain.

Our customers are currently closed but they are getting help like rates relief from the government, however for us, it’s zero, and they didn’t even bother to recognise that we are part of the hospitality and leisure industry.

Even our trade association is being waved away by the government each time it raises the issue of the problems facing distributors and manufacturers. It’s illogical that the manufacturing drive that the chancellor wants to create is to be delivered by the very companies he is totally ignoring.

We are ready, as we remained open with a limited staff to keep our support for the industry going and I’m glad to let you know that we have been moving a few products every week to which helps justify us being open.

Some operators want to be 100 percent ready for trading and avoid the last-minute rush, thus they are taking full advantage of the time to prepare before the opening. We have been supplying our hugely successful Skill Cut Winner, Hit & Smash and pinballs which appears to be making a comeback.

Thank you to these operators who continue to support us during these difficult times to keep our industry going.


Coinslot – March 5th –  March 11th  2021 – Issue 2723 – Pages 16-17