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12 Mar 2025

Towns and cities across Britain are already seeing a wave of closures as independent businesses shut their doors ahead of April’s triple tax burden, including those in the cycling retail...

5 Mar 2025

New research has revealed a recent uptick in UK consumer confidence, leading to increased hiring by businesses, with the retail sector responding positively to signs of economic resilience.

4 Mar 2025

The Office for Product Safety and Standards (OPSS) has issued a fresh warning about the dangers of UPP e-bike batteries, urging consumers to stop using them immediately.

28 Feb 2025

Independent cycling retailer and ACT member Velo Fit has become the first to stock a new brand of bikes focused on combining quality and affordability.

26 Feb 2025

ACT parent company Bira has cautiously welcomed Labour's Crime and Policing Bill but is calling for urgent action and immediate funding to address the surge in retail crime affecting independent...

19 Feb 2025

Electric cargo bike firm Zedify is set to enter administration following a failed search for new funding, after aiming to be active in 50 cities over the next few years.

18 Feb 2025

Halfords has upgraded its profit expectations for 2025 following a strong end to 2024, signalling a possible boost for the wider cycling retail sector after a difficult period.

17 Feb 2025

A £291m funding package from Active Travel England is set to be used for cycle lanes and improved junctions, while also supporting local businesses and making it easier to cycle to work,...

14 Feb 2025

The UK Government has removed anti-dumping tariffs on non-folding e-bikes imported from China in a move that has raised alarm within the UK’s cycling industry over potential market...

7 Feb 2025

ACT parent company Bira has warned that retailers across Britain face troubled times ahead despite today's Bank of England interest rate cut to 4.5%, as the Bank halves its growth forecast for...

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Bira CEO meets with new Business Secretary to discuss support for small businesses

Posted on in Business News , Cycles News

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 officials from the Department for Business and Trade to discuss vital support for small businesses.

Andrew Goodacre

The meeting, hastily convened, allowed industry leaders to directly present their concerns and suggestions to the government’s policy makers 

During the discussion, Reynolds highlighted four strategic priorities for the government:

“I am looking forward to further discussions to make this a reality for indie retailers by reducing the cost of running a shop through business rates reform, reducing retail crime and encouraging investment in our high streets.”

He also emphasised the importance of Bira’s involvement in these early discussions:

“It is great for Bira to have been invited to such an early meeting. We will be following up by reaching out to the business ministers once they have been announced.”

The meeting reflects the new government’s dedication to creating a supportive environment for small businesses.

Goodacre’s proactive engagement and the outlined government priorities suggest a promising direction for independent retailers in the country.

With proposed reforms on the horizon, there is hope for reduced operational burdens and a revitalised high-street economy.

This interaction marks the beginning of a collaborative effort between the government and the independent retail sector, aiming to address longstanding challenges and foster a more favourable business climate for small enterprises across the UK.

  • Industrial strategy with a mission: A plan focused on boosting productivity and promoting sustainable, green energy initiatives.
  • Small business support: Efforts to improve cash flow for small businesses and revamp the British Business Bank.
  • Enhancement of UK trade: Strategies aimed at increasing export capabilities and opportunities.
  • Fair work practices: Initiatives to enhance working conditions, job security, and employment terms.

Goodacre praised the government’s attention to these areas, particularly the emphasis on supporting small businesses.

“Great to hear about the four priorities and even better to know that supporting small business is one of those priorities,” Goodacre remarked.

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