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ACT parent company Bira warns of 'Atrocious April' as shop price inflation rises

1 Apr 2025

Bira has voiced serious concerns over the latest figures from the BRC-NIQ Shop Price Index for March 2025.
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ACT parent company Bira says Spring Statement fails to address high street crisis

26 Mar 2025

ACT parent company Bira has said the Chancellor's Spring Statement delivered today has failed to address the "perfect storm" of cost pressures facing independent retailers across the UK,... Read more…

ACT parent company Bira outlines key priorities ahead of Spring Budget

25 Mar 2025

ACT parent company Bira has outlined its key priorities ahead of the Chancellor's Spring Budget statement.
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Bristol-based cycling charity Life Cycle now offering Cytech training courses

20 Mar 2025

Cytech, the internationally recognised training and accreditation scheme for bicycle mechanics, have partnered with Bristol-based charity Life Cycle to offer a range of bicycle mechanic... Read more…

High street 'death knell' – indie retailers, including cycle shops, shutting doors ahead of April tax rises

12 Mar 2025

Towns and cities across Britain are already seeing a wave of closures as independent businesses shut their doors ahead of April’s triple tax burden, including those in the cycling retail... Read more…

Research shows UK businesses hiring more as consumer confidence lifts

5 Mar 2025

New research has revealed a recent uptick in UK consumer confidence, leading to increased hiring by businesses, with the retail sector responding positively to signs of economic resilience.
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Independent cycle shop becomes first retailer to stock new local bike brand

28 Feb 2025

Independent cycling retailer and ACT member Velo Fit has become the first to stock a new brand of bikes focused on combining quality and affordability.
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Bira cautiously welcomes new crime and policing bill to tackle retail crime across high street businesses

26 Feb 2025

ACT parent company Bira has cautiously welcomed Labour's Crime and Policing Bill but is calling for urgent action and immediate funding to address the surge in retail crime affecting independent... Read more…

Bira warns of 'troubled times ahead' despite interest rate cut

7 Feb 2025

ACT parent company Bira has warned that retailers across Britain face troubled times ahead despite today's Bank of England interest rate cut to 4.5%, as the Bank halves its growth forecast for... Read more…

Free webinar exclusive to ACT members on employment law compliance

4 Feb 2025

The ACT and legal partner WorkNest are hosting an exclusive webinar on how to remain compliant with employment law while making necessary business changes.
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Inquiry launched examining how high streets can survive the economic and social effects of Covid-19

Posted on in Business News, Cycles News, Political News

The Housing, Communities and Local Government Committee has announced a new inquiry to examine how high streets can survive the economic and social consequences of Covid-19.

In their report published last year, the Committee highlighted the challenges facing high streets and town centres due to strong competition from online competitors, an unfair taxation regime and the fragmented ownership of commercial properties. The Covid-19 pandemic has placed a further burden on shops and businesses, with non-essential businesses having to close, and others having to adapt to continue operating during lockdown. As the country emerges from lockdown, businesses face the challenge of providing services in a manner that will ensure the health of customers and staff is not endangered, while at the same time being able to operate at a profit or simply break even.

The inquiry will examine the long-term consequences of the Covid-19 outbreak on the future of the high street. It is interested in how government, at all levels, can mitigate the economic and social impact and develop policies to ensure high streets remain the centre of local communities. The Committee will look at the impact of existing measures to support the high street, including the business rate holiday, as well as the broader role of taxation in enabling high street businesses to remain viable.

Share your views

This inquiry is currently accepting evidence.

The Housing, Communities and Local Government Committee welcome submissions from anyone with answers to the questions in the call for evidence.

The Committee invites evidence on the following issues:

The likely long-term consequence of the COVID-19 outbreak on the future of the high street;
How councils, central government, and other stakeholders are and can help mitigate the impact of COVID-19 on the high street and town centres;
Assess the Government's previous and current measures to bolster the high street; including the effect of the business rate holiday during the COVID-19 outbreak and the impact of its ending;
The progress made on implementing the recommendations of the previous committee's report of February 2019.

To find out more and submit evidence visit the UK Parliament website here.

You can submit evidence until Monday 14 September 2020. 

 

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