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BNPL firms to be regulated by the Financial Conduct Authority after warnings of "unseen debt"

3 Feb 2021

Buy now pay later (BNPL) firms such as Klarna and Clearpay are to be regulated by the Financial Conduct Authority after a report warned of the risk of people running into "unseen debt".
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2021-22 Scottish Government Budget Briefing

28 Jan 2021

'Exceptional circumstances require an exceptional response'
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Social Media Guide – Where should you put your efforts in 2021

28 Jan 2021

Maybe* have released a personalised Social Media Guide for 2021.
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A quick and easy guide to Click and Collect for retailers

21 Jan 2021

The following quick and easy guide to Click and Collect can be used by all retailers, even if those that don't have an ecommerce platform
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Urgent demand from MPs to regulate Buy Now Pay Later firms

21 Jan 2021

The call to regulate BNPL firms like Klarna, Laybuy and Clearpay is now supported by 70 MPs, with many arguing that the FCA review is too lengthy and could leave consumers drowning in debt
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2021 Valentine's Day Toolkit for card retailers

19 Jan 2021

The Greeting Card Association (GCA) have created a 2021 Valentines Day Toolkit, with the aim of helping retailers promote Valentine's Day in their stores and online.
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Welsh Government introduces Clean Air Bill & report on impact of lockdown on air quality

18 Jan 2021

The Welsh Government has published a white paper setting out its plans for a Clean Air (Wales) Bill, to protect the health of the nation and ecosystems from pollutants in the... Read more…

Insurers pay tens of thousands to small businesses for Covid lockdown losses

15 Jan 2021

Following today's Supreme Court ruling tens of thousands of small businesses will receive insurance payouts covering losses from the first national lockdown.

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Single use carrier bag set to increase in Scotland from 5p to 10p from 1st April 2021

13 Jan 2021

The increase in the SUCB charge will not result in a cost increase for retailers.
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Freedom To Pay campaign promotes the use of cash in stores

13 Jan 2021

Cash is a necessity millions couldn't live without, will you sign the voluntary cash pledge?
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Freedom To Pay campaign promotes the use of cash in stores

Posted on in Business News, Cycles News

Consumer groupcash Which? is developing a voluntary cash pledge campaign to advertise cash acceptance in commercial premises.

The Freedom to Pay campaign is based on the belief that cash is a necessity millions couldn't live without, and a backup for everyone when online systems fail. But with banks and free-to-use ATMs disappearing at an alarming rate, Which? have voiced concerns that some people may be left behind.

"We're heading in the direction of being a cashless society, but there are still barriers out there for a lot of people. It's really important people don't get left behind - and I'm trying my hardest not to be." - Gem Turner

Gem is not alone.

Small business owners. Some people living with disabilities. Rural and isolated communities. People who have to live on tight budgets. All sorts of people up and down the country rely on cash.

1.9 million people rely on cash for nearly every transaction they make. And 8 million people would struggle in a cashless society.

Retailers will be able to sign up to the pledge by committing to accept cash as a payment method and communicate this in store. Pledging will allow retailers to signal cash-friendliness to customers, including for those unable to pay using other methods.

The pledge is focussed on retailers selling essential goods and services, is not tied to a specific time period and requires not showing a preference between cash and other payment methods. Retailers signing up will be able to use Which? ‘recommended provider' communications tools and promoted under the Freedom to Pay campaign.

 

Sign the petition

 

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