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Cycling club raising funds for youth bike maintenance workshops and 'go slow' inclusivity initiative

21 Nov 2024

A local cycling club is raising money and seeking donations and assistance in order to teach bike maintenance to young people through a series of workshops in 2025.
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Bira meets with Treasury members to discuss Budget concerns and business rate reform proposal

17 Nov 2024

Bira has held a meeting with members of the Treasury team to discuss concerns following its robust response to the Government’s recent Budget announcement.
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ACT teams up with Saledock to supercharge bike shop efficiency and customer experience

14 Nov 2024

The ACT has announced a dynamic partnership with Saledock - an all-in-one POS, eCommerce, and inventory management platform tailor-made for bike shops and workshops.
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'Devastating and out of touch' - independent retailers react to Budget bombshell

1 Nov 2024

Independent retailers across Britain have reacted with dismay to yesterday's Budget, with many warning of store closures, job losses and cancelled expansion plans.
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Devastating Budget Delivers Triple Blow to Independent Retailers, Says ACT and Bira

30 Oct 2024

The British Independent Retailers Association (Bira) and the ACT have condemned today's Budget as the most damaging for independent retailers in recent memory, with... Read more…

Retailers paying one-third of all UK business rates despite making up only 9% of economy

30 Oct 2024

Retailers and hospitality businesses are paying three times their economic share in business rates, according to analysis by the British Retail Consortium (BRC) and UK Hospitality.
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How much cash do you still accept? Independent cycling retailers can respond to this survey today

30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible... Read more…

Bira Conference a huge success with ACT members in attendance

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail... Read more…

Bira cautiously welcomes retail sales growth but calls for continued support

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024
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FSB launches blueprint to revitalise UK high streets and boost tourism

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also... Read more…

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IRC seeks extension to retailer eviction protection in Westminster Hall Debate

Posted on in Business News, Cycles News

IRC member enters Parliamentdebate to seek an extension to the moratorium on evictions within the Coronavirus Act 2020.

The Independent Retailers Confederation (IRC) is a well-established organisation that brings together like-minded trade associations with interests in the small and independent retail sector. It currently represents c.100,000 independent retailers throughout the UK and provides a lobbying platform for increasing the profile and voice of independent retailing within Government and Parliament.

The IRC, led by member The National Hair & Beauty Federation (NHBF), are now calling for a further extension to the Business Tenancies (Extension of Protection from Forfeiture etc.) (Wales) (Coronavirus) (No. 2) Regulations 2020 until the end of the financial year (5 April 2021).

On 23 March 2020, the UK government announced that commercial landlords would be prohibited from forfeiting commercial leases and evicting the tenant for non-payment of rent. This measure was further extended later in the year until 31 December 2020. These measures form part of the emergency Coronavirus Act 2020, enacted on 25 March 2020. 

The measures within the Act have previously been extended through legislation and we now seek a further extension to this.

The key asks are:

  • Tenants need protection from eviction in the form of a further extension to the existing moratorium until 5 April 2021 to reflect the continuing uncertainty of this financial year
  • Landlords and tenant must be obliged to negotiate before legal action can be taken
  • We need some kind of mediation / ADR service to deal with situations that have not been resolved
  • Code of conduct does not work and so we need to something stronger, maybe even a legal frameworks

The British Independent Retailers Association has also noted that their own research shows that after 1st lockdown, 24% of businesses did not re-open and this second lockdown could do even more damage because of the importance of this time of year for generating income. Add to this the potential threat of action from a landlord, stock to be paid for (and it may not have been sold), VAT and tax bills, we have a perfect storm of events that we close many perfectly good businesses.

The NHBF believes that extending the current eviction protection for businesses would save business owners from avoidable stress and worry over the Christmas period and beyond. Furthermore, the UK Government is continuing its work with lenders to ensure flexible support is provided to commercial landlords, including payment holidays and restructuring facilities to address and any potentially adverse implications to such an extension.

Independent retailers are the lifeblood of UK high streets, offering specialist products and services, knowledge and passion for their community. The IRC firmly believes that support such as protection from forfeiture during this most difficult period will allow businesses to come out the other side and once again be significant contributors to local economies.

If you have any evidence to contribute towards any of the points made above, please get in contact with us via info@actsmart.biz.

 

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