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18 Jul 2024

Cytech training provider Activate Cycle Academy is to exhibit at the GT Malverns Classic Mountain Bike Festival 2024, an event often described as the “Glastonbury of mountain...

15 Jul 2024

The cycling industry is “ripe” for smart investment, and a renewed wave of merger and acquisition deals, as it looks ahead to a profitable 2025 and “significant” medium...

15 Jul 2024

The Independent has published its list of the best electric bikes of 2024 after testing a series of folding, hybrid and city e-bikes.

15 Jul 2024

Community groups and other not-for-profit organisations in Greater Manchester can now apply for funding to set up their own bike library.

15 Jul 2024

Andrew Goodacre, CEO of ACT parent company Bira -the British Independent Retailers Association – has met with the new Secretary of State for Business and Trade Jonathan Reynolds and...

15 Jul 2024

The London Cycling Campaign has teamed up with Lime and Loud Mobility to launch a new £100,000 ‘Share the Joy’ fund to increase cycling within...

8 Jul 2024

Become a Luchos Distributor - Deal Directly

2 Jul 2024

We recently reported that a £1 billion damages claim had been filed against Amazon on behalf of retailers selling on Amazon’s UK marketplace for illegally misusing their data and...

2 Jul 2024

In the first of an occasional series of features, we are delighted to introduce you to Ross, an expert trainer in Glasgow, and one of the most recent trainers to join the Cytech family.

1 Jul 2024

ACT member e-Velo is to open a new store in the Royal Arcade in Norwich in July, selling a range of e-bikes from some of Europe's top brands.

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Budget should cut retailers’ costs, says retail trade organisation

Posted on in Business News , Cycles News

The British Independent Retailers Association (Bira) has called for a series of cost-saving measures in the next Budget to help boost business.

Red budget box

Bira, which is the parent organisation of the Association of Cycle Traders, says its wish list includes making the current retail discount of 75% on rates permanent; a 20% increase in employers’ national insurance allowance; and action to help release businesses from expensive energy contracts.

Bira has made its requests in advance of the Spring Budget on 6 March, when Chancellor Jeremy Hunt will address Parliament.

Andrew Goodacre, Bira’s chief executive, urged the government to address a series of issues for retailers, also including broader efforts to improve consumer confidence and spending.

He said: “These wishes represent a collective vision for a vibrant and flourishing retail landscape.

“We believe that by addressing these crucial issues in the Spring Budget, the government can lay the groundwork for a prosperous future for independent retailers and the UK economy as a whole.”

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