Industry Action Fund

  1. Introduction
  2. Industry Action Fund - Terms and Conditions
  3. That letter from ETA
  4. An Open Letter from Anthony Cousins
  5. Comments from contributors


The British Watch and Clock Maker's Guild has set up of an Industry Action Fund and is looking to raise an initial £70,000. The recent Guild Conference to discuss a future strategy for the UK Watch and Clock Industry proved to be an excellent start point. In addition to the topics discussed, the Conference has resulted in a significant increase in discussions between the industry bodies, and clearly demonstrated a willingness within the industry for a coordinated approach, and also showed what can be achieved in a short time scale when the proper resourcing is applied. The money raised will be used to implement action plans and activity on the most pressing issues identified.

After his work in devising and implementing the Guild Conference, Steven Domb has been tasked with taking forward this next stage of development.

Steve comments:-

"The Conference unsurprisingly showed a wide range of opinions on the topics discussed, however, a common stumbling block to progress on all the issues was a lack of basic data on the economic value of the industry to the UK economy, the number of people employed, their requirements, and their opinions on the key issues. Without this fundamental information, it is impossible to obtain support from Central Government and many other organisations on issues such as Restrictive and Anti-Competitive practices, and Training and Apprenticeships.

A credible set of data along with a competent analysis is the key starting point for any strategic plan, so the first project for the Industry Action Fund will be to build a database of all individuals and organisations involved in the industry, and to conduct an active survey of their needs and views. The next stage will be to take the results to the relevant authorities as part of an overall plan to maintain consumer choice, raise the profile of the Trade, and obtain a proper share of the support resources available.

The Guild has been offered a number of sources of data on industry names and contacts on a confidential basis, and initial research by one of them has revealed over 6,000 individuals and organisations who describe themselves as part of the Trade. This would suggest that there could be as many as 10,000 people who earn all or part of their income from watch and clock making in the UK. We were originally estimating that the survey would cover around 4,000 individuals and companies, but we may have to increase that number."

The Guild needs to raise an initial £70,000 to pay for this important work. All monies given to the fund will be kept apart from the Guild's regular income, will be accounted for separately, and will only be used for actions in line with the aims of the Fund. All contributions will be receipted. Everyone involved in UK horology can obtain a direct benefit from the results that this project will produce. It is essential for any industry to have clear and current information on its make up, and even more so when it is seeking meaningful dialogue with resource providers. The Guild are asking all individuals and organisations to support to whatever level they can.

If you would like contribute to the Industry Action Fund, please send an email with your contact details and the amount you are offering to The Guild will respond with instructions on how money can be paid in.


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