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Retailers hope warm weather and bank holidays will boost high street sales

16 May 2025

ACT parent company Bira has said that members are hopeful the warm weather, Easter weekend and upcoming bank holidays will provide a much-needed boost to high street sales.
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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…

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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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