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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...

4 Feb 2025

The ACT and legal partner WorkNest are hosting an exclusive webinar on how to remain compliant with employment law while making necessary business changes.

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2024 year in review: A message from ACT Director Jonathan Harrison

Posted on in Business News , Cycles News

Director of the ACT Jonathan Harrison has praised the "resilience and adaptability" of the ACT and its members in an end of year message.

You can read the message in full below.

 


 

ACT Director Jonathan Harrison
ACT Director Jonathan Harrison

Dear Members,

With 2024 coming to an end, I’d like to take a moment to look back on the year gone by. It’s no secret that this year has presented significant challenges for our industry. Trading conditions have been challenging, and while recovery may take time, I believe we are starting to see signs of improvement as we head into 2025.

Despite the headwind, we have made significant progress that demonstrates the resilience and adaptability of the ACT. While there is still work to be done, I’m pleased to share some key highlights from the year:

  • Expansion of Cytech Training: We celebrated the launch of a new Cytech training centre in Dublin, further expanding access to professional mechanic training in Ireland. Additionally, the introduction of Cytech training within the prison system has provided invaluable opportunities for upskilling and rehabilitation.
  • E-Bike Positive Campaign: Alongside key cycling organisations, we launched the E-bike Positive campaign to raise awareness, promote usage and highlight the many benefits of e-bikes across the UK.
  • Cycle to Work Reform: We have worked tirelessly towards positive reforms to the Cycle to Work scheme, especially from a retailer perspective
  • New and Improved Member Services: This year saw the introduction of several new services aimed at supporting your businesses, including:
    • Bikmo Business Insurance and Bikmo Consumer Insurance
    • Workshop by Bikebook
    • Saledock
    • Renticy
    • Improved HR, Health & Safety and Commercial legal support partner WorkNest
    • Continued partnerships with long-standing providers such as V12 Retail Finance and Global Payments
  • A Stronger ACT Team: We have strengthened our team to ensure we are robust, responsive, and ready to support our members through every challenge and opportunity.

Looking Ahead to 2025

While the past year has been challenging, the foundations we have built give us reason to be hopeful for the future. The ACT will continue to advocate for your interests, provide essential services, and champion the cycling industry as we work together to create a more prosperous year ahead.

Thank you for your continued trust, commitment, and passion for cycling. We look forward to supporting you as we move into 2025.

Wishing you all a very merry Christmas, and a successful new year!

 

Best regards,

Jonathan Harrison
Director
Association of Cycle Traders (ACT)

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