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19 Mar 2025

The Office for Product Safety and Standards (OPSS) has translated its e-bike and e-scooter safety guidance videos into multiple languages to improve accessibility for delivery riders and other...

14 Mar 2025

UK governing body British Cycling has announced a four-year strategy to "reinforce Britain’s position as a world-leading cycling nation", including improving access to cycling across the...

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,...

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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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