Latest News

27 May 2008

Lantern Terminate Green Flag Contract
8th May 2008

Today become another memorable day in my working life within the recovery industry. After a great deal of deliberation and consideration with my co-directors, managers and staff a decision has been taken to terminate our services to Green Flag as of midnight, 9th May 2008.

The decision has been hard not least because I have worked as a contractor for them from the very beginning back in the 70s when it was National Breakdown. However, I can no longer sit back and watch the industry suffer at the hands of those who have no thought or care for the future of those who have worked so hard over the years to enhance their reputation and help them become what they are today. I don?t need to tell you about the spiralling charges we face on an almost weekly basis. The biggest single rise is the cost of the fuel and then maintenance and driver costs, not forgetting the increased holidays and additional training because of Health and Safety laws and for what return? If the media is anywhere near being right in their predictions, fuel could reach £1.60 a litre by July. A year ago I would have dismissed it, but at £1.20 a litre now, who knows? With no increase in the last three years and the costs continuing to increase, who is going to supplement the losses ?I know, no one. Loyalty is it is the one thing that we have relied on over the years, the ability to negotiate and speak to individuals that understand the industry and the effort that goes into attending a customer broken down at 3 o?clock in the morning.

Unfortunately, we are now dealing with banks and insurance companies where numbers are what matter except, in our accounts, they don?t stack up. At Lantern we believe in what we do, we work hard and we are diverse and hopefully our decision to walk away rather than roll over will at least prevent us from being busy fools. Please feel free to give your feedback or comments.

My e-mail address is ray@lrs.uk.com.
Ray Coleman F.I.V.R.
Managing Director,
Lantern Recovery Specialists plc

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