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11 Mar 2024

Proposed government changes to regulations and legislation governing EAPCs (Electrically assisted pedal cycles), which could see a doubling in the power of e-bikes to 500W and allowing ebikes to...

8 Mar 2024

Daniel Blackham, editor of industry magazine BikeBiz, has been writing about his experience of completing the Cytech technical one qualification at training provider Spokes People in Milton...

7 Mar 2024

ACT member and Cytech-accredited retailer JE James Cycles – one of the largest independent cycle retailers in Europe – is to open a new 7,874 sq ft store shop in Barnsley town...

6 Mar 2024

Cytech partner Activate Cycle Academy, the largest and most recognised training provider of bike maintenance and technical training courses to the UK’s cycle industry, recently welcomed a...

29 Feb 2024

Retailers looking for a payment solution that facilitates in-person, remote and online payments should look at what’s on offer from ACT partner Global Payments.
 

29 Feb 2024

The ACT is happy to confirm the date for Local Bike Shop Day 2024 as Saturday 4 May, the weekend of the early May Bank Holiday.

27 Feb 2024

The inaugural Cycling Electric magazine Demo Day will take place on Sunday, April 28th, at the Lee Valley VeloPark in London.

27 Feb 2024

New research from the European Cyclists' Federation (ECF), a Brussels-based advocacy group, has confirmed that if a city has more bike lanes, more people will cycle. The results will give...

13 Feb 2024

2024 is well underway and we’re just around the corner from the Spring Statement and for the retail sector it’s pretty much business as usual…or is it?

13 Feb 2024

Fabian Hamilton MP, co-chair of the Walking and Cycling All-Party Parliamentary Group, has said that the Cycle to Work scheme "must be reformed".

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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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