Editorial

EDITORIAL

Such is the way with printed media that an article in last month’s edition proposing ideas for the new Prime Minister ended up seeing out the tenancy of the winner of the leader selection process and her team. So it’s out with the old and in with the new....

In the October edition of PSI magazine’s Panel feature we wrote “by the time you read this the next Prime Minister will have been selected” - well after a political month like no other, we can begin this month’s magazine with the same statement. By the time you read this.....etc

One thing is certain, that whoever does take up the keys to No.10 they will very much be focusing on the economy. The current state of play regarding the cost of living including the price of fuel and food sits atop the long list of issues that need dealing with especially as we face the run-in to winter. “Heating or Eating” scream the headlines, so the new PM will need to have a head for numbers and hope the markets react positively to their appointment or “Winter is coming” will be a threat in the real world as well as in Westeros.

For the security technology sector business is strong. There is, of course, a chip component shortage which continues to affect supply chains across the globe, but when product is available for installation the work is there. However one area where UK installers could yet see further growth is with domestic jobs. Yes, money is tight at the moment, but there is a glimmer of hope in the fact that insurers may soon be looking again at the benefits of a regularly serviced alarm - and it’s down to the work of R&D departments within intruder alarm manufacturing companies.

In talking to experts recently I’ve heard mention a couple of times of the role that water leak detection systems will have in the future and the fact that insurance companies are more wary of floods than they are burglaries. With the addition of water leak sensors linked to alarm panels, manufacturers are bringing the appeal of domestic alarm installs to the insurer’s attention which may, fingers crossed, lead to a push in the domestic market. New launches like the one from Ajax this month which not only detects leaks but switches off water supplies could be a table turner on the insurers’ opinion of the value of alarm systems. And any chance that this might lead to a reduction in homeowners’ premiums will be welcome given the current financial concerns.

These new technology developments could be long term winners, unlike some recent political appointments.