BMF’s help for struggling marine businesses

20% slashed off the cost of exhibiting at the 2010 London Boat Show among other efforts to aid businesses

The British Marine Federation (BMF) and its boat show-organising subsidiary National Boat Shows have responded to the deteriorating economic conditions by slashing 20% off the cost of exhibitor space at next year’s London Boat Show.

The saving for marine businesses is just one of three cost-cutting measures put in place by the BMF through an Economic Conditions Discounts (ECD) package. The trade body has also cut 10% off its membership fees and halted any increase in the cost of exhibitor space at this year’s PSP Southampton Boat Show.

Some will argue that the BMF is late in announcing such a package, after several high-profile pullouts at the recent London Boat Show, and the relatively cheaper option of exhibiting at shows like the National Boat, Caravan and Outdoor Show at the NEC.

But however belated, any move that will cut expenses for leisure marine businesses will doubtless be welcomed.