KPMG to produce first ever ‘Bellwether’ report of the British watch and clock making sector
After this initial in-depth survey, we intend to produce our Bellwether annually, so that we can monitor trends within British watch and clock making and provide guidance to our members on the future opportunities and challenges facing our sector.
Co-founder of the Alliance, Mike France said; “From our earliest discussions about the Alliance, we recognised the need to produce a definitive survey of British watch and clock making. The resurgence in British horology has been referred to as a ‘quiet renaissance’ and it certainly came as a surprise to us just how many watch and clock making businesses have emerged across the British Isles, and in a relatively short time. While we know our sector is growing, we want to understand exactly what the current picture looks like and get a sense of the direction we’re heading in.”
We are delighted to announce that the Alliance has commissioned KPMG Isle of Man to research and analyse the size, scope and heading-of-direction for the British watch and clock making sector.
This first Bellwether report, which we will publish by February 2021, is a key foundation stone to help us to define British watch and clock making as a vibrant and growing trade sector of the UK economy.
Director of the Alliance, Alistair Audsley said; “While the complete Bellwether report will be made exclusively available to Trade Members of the Alliance, we also intend to publish the key findings. We encourage all our Members to participate in KPMG’s confidential research to help create the most accurate and insightful survey of our sector possible”.
KPMG partner, Nick Quayle said; “We’re pleased to work with the Alliance of British Watch and Clock Makers on what is arguably an historic report on this trade sector. It’s a fascinating challenge for us to survey the current state of a sector which, to date, has remained completely below the radar as a facet of the UK economy”.
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Your membership dues support our aims to promote and support British Watch and Clock Making.