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Catch up on the latest APPGCW meeting with Baroness Vere on Road Safety and Active Travel

9 Jun 2022

Baroness Vere discussed issues including the Road Safety Strategic Framework, response to the Roads Policing Review, the Road Collision Investigation Branch, 2021 Road Casualty Data, new vehicle... Read more…

Winners of the Local Bike Shop Day voting competition announced!

26 May 2022

For 2022 Local Bike Shop Day introduced an entirely new voting function, allowing customers to show their appreciation and loyalty for their favourite bike shop! The winning shop that attained... Read more…

GCA releases Father's Day toolkit

23 May 2022

The Greeting Card Association (GCA) have created a Father's Day 2022 toolkit, with the aim of helping retailers promote this event in their stores and online.
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IRC presents position on the introduction of an Online Sales Tax (OST)

19 May 2022

Our research found agreement that a minimum OST threshold could help to rebalance the burden of tax across the industry, generate revenue to reduce business rates for smaller businesses,... Read more…

UK government leads global transport transformation as it takes over ITF presidency in Germany

19 May 2022

In a ceremony held in Leipzig, Germany, the largest gathering of transport ministers in the world will see current president, Morocco, hand over the reins to UK Transport Secretary Grant... Read more…

National Living Wage Review published

19 May 2022

The Low Pay Commission has now published its review of the National Living Wage from 2015-2020.
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Local Bike Shop Day 2022 celebrated by record number of retailers, orgs and shoppers!

12 May 2022

Local Bike Shop Day 2022 was a great success across the UK, with online platforms thriving as well as a surge in the physical footfall seen in-stores!
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Latest #BikeIsBest campaign launched: We Can, You Can

12 May 2022

We Can, You Can is a celebration of the many faces of cycling. The way we move is changing. And the people leading the change are like me and you. We can, you can.
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How the Queen’s Speech affects independent shops

10 May 2022

The speech sets out the government’s agenda for the upcoming Parliament, outlining proposed policies and legislation. An overview of the main announcements relevant to independent shops is... Read more…

How are bike shops across the nation celebrating Local Bike Shop Day 2022?

26 Apr 2022

The annual celebration of bike shops across the nation is fast approaching! Be sure to pop down to your local bike shop this Saturday to get a taste of the passion, knowledge and personalised... Read more…

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National Living Wage Review published

Posted on in Business News, Cycles News, Political News

The Low Pay Commission has now published its review of the National Living Wage from 2015-2020. You can read the review as well as its headline findings online here.

The announcement of the National Living Wage in 2015 heralded a new era for minimum wages in the UK. The policy aimed to increase pay and productivity without harming jobs, while also reducing spend on benefits. This review collects the evidence on the NLW’s achievements from 2016 up to April 2020, when the National Living Wage reached the Government’s initial target of 60 per cent of median earnings.

The review finds that while the NLW increased wages and did not reduce employment, the increase in earnings did not lead to higher incomes and did not measurably improve productivity. Nevertheless, the growth in earnings helped reduce regional pay inequality and contributed to shrinking gender and ethnicity pay gaps. After the introduction of the NLW, minimum wage workers were less likely to move employers but continued to progress into higher-paid roles at the same rate as previously.

Alongside the review, they have also published a more detailed paper on the impact of NLW on productivity which you can also access here.

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