{$inpagemarkup}

Search News

Results: 1-10 of 660


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.
Read more…

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.
Read more…

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.
Read more…

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.
Read more…

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.
Read more…

Bristol-based cycling charity Life Cycle now offering Cytech training courses

20 Mar 2025

Cytech, the internationally recognised training and accreditation scheme for bicycle mechanics, have partnered with Bristol-based charity Life Cycle to offer a range of bicycle mechanic... Read more…

High street 'death knell' – indie retailers, including cycle shops, shutting doors ahead of April tax rises

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... Read more…

Research shows UK businesses hiring more as consumer confidence lifts

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.
Read more…

Independent cycle shop becomes first retailer to stock new local bike brand

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.
Read more…

Back to news menu

Mary Portas warns government to act now or see half of high street shops shut

Posted on in Business News, Cycles News

Ahead of the Chancellor’s Autumn Statement this week, retail expert Mary Portas called on the Government to rethink business rates and VAT to help struggling retailers.

She said: “Put simply we could lose half of all shops. We need to look at the systems they are currently working under, because they are not fit for purpose for the future.

Row of Bikes

“So VAT, business rates, all of it needs to be looked at. We need to look at the bigger picture and how people want, and need to live, in the future – for the good of themselves and the planet.”

In 2011, she published a report stating the aim was to “put the heart back into the centre of our high streets, calling on the authorities to re-imagine them “as destinations for socialising, culture, health, wellbeing, creativity and learning.” But she says nothing has changed in the past decade and without more support thousands of small shops will be lost during the cost-of-living crisis.

“It’s no different now to 11 years ago when I brought out my report,” she says. “As for big business and governments, people don’t trust them, they’ve had enough. We want what’s local, what’s safe and what we can trust.”

She added: “What’s inspiring, but at the same time frustrating, is everything I wrote in my report more than a decade ago, about how important high streets are to our society and our daily lives, is the same.

“They’re more important than what is being sold to us. People, particularly post-Covid, realise how important they are to their wellbeing and how they live. Having thriving high streets we can walk or cycle to for our daily needs is vital to our future.”

She praised “incredible independents” which make up 90% of high street businesses but admitted frustration because “all we talk about are big businesses”.

She said: “Small businesses have been hugely successful, and we need them to succeed. When it comes to budgets and government spending, I believe it needs to be about prioritising. And I happen to think we should prioritise the wellbeing of society.”

Back to news menu

Useful links

If you have any other queries please contact us.