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Barber shop proves it's a cut above the rest picking up coveted British retailers award

2 Sep 2025

A barber's shop in Northern Ireland has proved that it's a cut above the rest by picking up the inaugural Love Your High Street Award 2025, following a public vote that attracted over 2,230... Read more…

Independent retailers face Fresh challenges as UK inflation climbs to 3.8%

20 Aug 2025

ACT parent company Bira has expressed serious concern following today's announcement that UK inflation rose to 3.8% in July, higher than the expected 3.7% and marking the tenth consecutive month... Read more…

Bike industry continues to face challenges as profits and forecasts falter at Giant, Canyon and Shim

14 Aug 2025

The global bike industry remains under pressure as Shimano, Giant and Canyon all report weaker profits and subdued outlooks for 2025.
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ACT to join industry leaders at brand new cycling trade event this September

13 Aug 2025

The ACT is set to be in attendance at the inaugural Cycling Industry News Live (CIN Live) trade show, which is set to bring together industry-wide education, market insight and product showcases... Read more…

Independent retail crisis deepens as nearly half see sales plummet compared to last year

12 Aug 2025

Britain's high street crisis has deepened dramatically with nearly half of independent retailers, including many in the independent cycling retail sector, reporting sales have crashed compared... Read more…

Independent retailers slam £5.9bn "de minimis" import loophole as Government delays action

11 Aug 2025

ACT parent company Bira has condemned the Government's inaction over the "de minimis" import loophole following a Sky News investigation revealing £5.9 billion worth of cheap imports... Read more…

Criminals undermining legitimate retailers as trading standards collapse

7 Aug 2025

Bira has warned that criminals are undermining legitimate retailers as trading standards services collapse, following a new Which? investigation.
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ACT welcomes Government's new product safety laws

23 Jul 2025

A leading cycle traders association has backed the government's move to protect consumers from dangerous products sold through online marketplaces, following Royal Assent of the Product... Read more…

Small Business Strategy Inquiry 2025 - ACT and Bira call for members to share their voice

20 Jun 2025

The House of Commons Business and Trade Committee has asked the ACT, and its parent company Bira, to help them reach out to small business retailers across the country, for their quick input on... Read more…

Beyond the discount: Restoring integrity to the cycle supply chain

18 Jun 2025

The Association of Cycle Traders believes the time has come for greater accountability throughout our supply chain, writes ACT Director Jonathan Harrison in an article published for BikeBiz.
Read more…

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Federation of Independent Retailers says more needed to be done to support smaller businesses in Wales

Posted on in Business News

Whilst it has welcomed some elements of the Welsh Retail Action plan, the Federation of Independent Retailers (the Fed) said more is needed to be done to support smaller businesses.

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The Fed claimed that the extension of business rate relief through 2023 and 2024; the creation of a new scheme to support those facing an increase in rate liability; and provision of non-domestic rate relief of up to 75%, were positive steps.

However, it stated that the intended increased support for retail workers seemed to benefit bigger businesses, such as the supermarket chains, and raised the question of how the government would help smaller independents with staff development.

The Fed’s National President Jason Birks said: “While it is good to see that the retail action plan recognises the important contribution that smaller retailers make to the economy and local communities, we feel it doesn’t offer much in the way of assurances to those businesses.

“We believe our organisation should have a seat on the Wales Retail Forum so that the issues affecting our members, many of whom are newsagents and local convenience stores, are taken into serious consideration.

“Retail crime continues to be an area of major concern for our members, with shoplifting, physical and verbal abuse faced by many on a daily basis.

“While we fully support initiatives such as the ‘Be Kind’ campaign and appreciate the government looking out for retail workers, it needs to look at the root causes of this rise of abuse and how to reduce it through the establishment of business crime partnerships and initiatives.

“The retail action plan forms a good basis of ideas, but more communication is needed on the timescale of the rollout and details of the plan, and how the Welsh government and the Wales Retail Forum intend to meet their goals.”

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