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ssl business | POLICY & TRADE
to sell through independent online retail sites without gaining the
required WEEE certification. WEEE requires all lamp manufacturers
to participate in a scheme that recycles and reuses lamps and materials.
A Recolight study that’s part of a report for the Organization for Economic Co-operation and Development (OECD) recently revealed that
20% of all bulbs sold through independent online sites fail to comply,
with most of them coming from China (p. 19).
In another big worry, Harvey said inflation (caused in part by pound
sterling’s Brexit-related decline in value) and other macroeconomics could paint a grim picture for big commercial LED projects in
the UK. Such projects already require a greater upfront capital cost
than, say, fluorescents; thus, LED could lose out.
“By the end of this year, inflation will be nudging 5%, whereas wage
inflation will still be between 1 and 2%,” Harvey said in an interview
with LEDs this past July. “That means people will be getting 3% worse off
in real terms. That in turn could reduce consumer confidence, and push
us over into recession by the beginning of next year. And then you have
a generic impact that will have the potential to really be quite serious
for our industry. Whereas we’re getting major retailers, banks, hospitality companies, and others flipping from traditional to LED lighting — if
they get a squeeze, then this is the type of investment they might stop.”
Not everyone is as worried as Harvey about the big economic picture. The UK economy, as of this writing, was on balance holding up
stronger than people had expected after the first year and quarter
or so of the “yes” vote.
But many people, like Harvey, contend that a downturn is around
the corner. There’s that uncertainty again.
The industry is certainly wary. One anecdotal sign of that: None
of the many lighting companies that LEDs approached for comment
for this story were either willing or able to participate. Most did not
even reply to our emails.
For the moment, it seems that Prime Minister May’s initial long-run-ning explanation still applies: Brexit means Brexit.
LEDs Magazine recognizes that political events which impact
business around the globe are in constant flux, and the
information can change rapidly when we’re caught up on
deadline. This article reflects the perspectives of leading
industry thinkers at a moment in time before publication. In
the tumultuous world of Brexit, some of the facts might have
changed in the interim. The following resources may help
provide additional context on the evolution of Brexit and the
The Lighting Industry Association https://www.thelia.org.uk
A Brexit guide from the BBC
The UK government’s Brexit policy site