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14 Mar 2024

The Association of Cycle Traders has held productive discussions with the Cycle to Work Alliance around the issue of Cycle to Work reform, following the news that more than 650 independent bike...

12 Mar 2024

ACT parent company, Bira – the British Independent Retailers’ Association -  has said that the Chancellor’s decision to reduce national insurance rates could offer a...

11 Mar 2024

The Cycle to Work Alliance and the Association of Cycle Traders have identified common areas of interest around Cycle to Work reform.

11 Mar 2024

Cytech, the internationally recognised training and accreditation scheme for bicycle technicians, has launched a new Facebook group - the Cytech Tech Forum –...

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.

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Brexit: What now?

Posted on in Business News , Cycles News , Political News

brexit

Last week, Theresa May presented her withdrawal agreement with the European Union and the House of Commons voted against it.

That vote held the largest defeat of any British Government in history with 403 votes to 202.

As a result of the vote, Jeremy Corbyn requested a vote of no confidence, a vote that saw a government win by 19 votes, 325 to 306.

The Prime Minister is looking to find a way forward by talking to all party leaders, a solution could include altering the existing deal, negotiating a new deal or if there is dispute across Parliament, a no-deal Brexit.

BBC outlines seven possible options following the withdrawal agreement and no confidence vote.

  1. A second vote, Theresa May is looking to discuss with senior politicians to understand how to deliver the Brexit plan
  2. Renegotiation, this would take time and possibly require an extension of Article 50 to delay Brexit
  3. General election, hold an early general election to guarantee a political mandate for her deal
  4. Referendum, is a possibility but there are many factors involved in such a decision
  5. Another vote of no confidence
  6. Parliament takes control
  7. No deal, the law is in place and the UK will leave the EU on the 29th of March

Find out more about what could happen next here.

The Association of Convenience Stores (ACS) continues to converse with government officials to understand what the future holds on the convenience sector in the UK.

The government has also developed a tool to help business to understand the implications of Brexit on their business here.

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