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Economic growth surges to 0.7%, but "April reality check" looms for high street retailers

15 May 2025

UK economy delivers strongest quarterly performance in a year despite forecasts of business downturn.
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Communities come together for Local Bike Shop Day 2025 celebrations

13 May 2025

Local Bike Shop Day 2025 brought a wave of... Read more…

ACT parent company Bira welcomes Bank of England's latest interest rate cut

8 May 2025

ACT parent company Bira has welcomed the Bank of England's decision to reduce interest rates from 4.5% to 4.25%, calling it a "much-needed boost" for the retail sector, including for cycling... Read more…

ACT parent company Bira responds to Beales' "Rachel Reeves Closing Down Sale" as iconic store makes final protest

8 May 2025

ACT parent company Bira has responded to the news that the 144-year-old Beales department store is staging a "Rachel Reeves Closing Down Sale" in its final weeks of trading, with giant yellow... Read more…

Employment Rights Bill - ACT and Bira answer your questions

28 Apr 2025

The Labour Government’s new Employment Rights Bill is set to be in force this year and the new regulations will impact high street retailers up and down the country.
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ACT parent company Bira welcomes Chancellor's action on unfair trade practices

25 Apr 2025

ACT parent company Bira welcomes the Chancellor's announcement of plans to create a level playing field for British businesses against unfair international trade practices.
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ACT parent company Bira responds to Prime Minister's 'Bobbies on the Beat' plan

11 Apr 2025

Bira has cautiously welcomed the Prime Minister's announcement this week on plans to put 'thousands of Bobbies back on the Beat' with a new neighbourhood policing guarantee.
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ACT parent company Bira warns of 'Atrocious April' as shop price inflation rises

1 Apr 2025

Bira has voiced serious concerns over the latest figures from the BRC-NIQ Shop Price Index for March 2025.
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ACT parent company Bira says Spring Statement fails to address high street crisis

26 Mar 2025

ACT parent company Bira has said the Chancellor's Spring Statement delivered today has failed to address the "perfect storm" of cost pressures facing independent retailers across the UK,... Read more…

ACT parent company Bira outlines key priorities ahead of Spring Budget

25 Mar 2025

ACT parent company Bira has outlined its key priorities ahead of the Chancellor's Spring Budget statement.
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Government urged to protect £4 billion worth of active travel investment

Posted on in Business News, Cycles News

Sustrans has announced that it has joined together with other organisations representing active travel, motoring, road safety, the environment and business leaders to urge the UK government to protect the £4 billion funding pot which is earmarked to help ‘level up’ walking and cycling across the country.

Cycling GroupThe cross-sector group has written to the Secretary of State for Transport, Anne-Marie Trevelyan MP, to emphasise the vital contribution of walking and cycling to the UK’s urban and rural economic growth and to society.

This comes after the launch of the charity’s brand-new report which highlights that walking, wheeling and cycling generated £36.5 billion for the UK economy in 2021.

The letter calls for the protection of funding for cycling and walking, already committed in the second Cycling and Walking Investment Strategy 2022. According to Sustrans, it is important that this money is ringfenced, in order to foster aspirations for growth and to support people through the cost-of-living-crisis.

Xavier Brice, Sustrans CEO, said: “It’s clear that active forms of travel, such as walking and cycling, bring in billions of pounds of economic benefit. Plus, as people are hit by the cost-of-living-crisis, affordable ways of getting around are critical. People must have the opportunity to make the active travel choice instead of expensive car use, to boost people’s spending power for the benefit of the economy and our hopes of growth.”

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