ACT parent company Bira outlines key priorities ahead of Spring Budget
Posted on in Business News , Cycles News
Andrew Goodacre, CEO of Bira, is calling on Chancellor Rachel Reeves to address three crucial areas to support independent retailers—including specialist cycling shops—and revitalise high streets across the UK.
For the upcoming Spring Budget on March 26, Mr. Goodacre has outlined three key priorities.
Andrew Goodacre, CEO of Bira, said: "While we understand this Spring statement may not introduce major tax changes, we believe there are vital areas where the Government must demonstrate its commitment to the future of British high streets.
"We need to see continued investment for town centres and high streets across the country to maintain momentum in regeneration efforts. The Government must also ensure that policing is fully funded to properly address retail crime, which has become increasingly concerning for our members. Additionally, we're calling for economic development to become a statutory requirement for local authorities, creating consistency in how high streets are supported nationwide.
"Independent retailers form the backbone of our high streets and local economies. With the challenges facing the retail sector, including the aftermath of the pandemic and current economic pressures, it's essential that the Government prioritises support for our members."