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Independent Retailers Association warns of difficult year ahead.

8 Jan 2024

The British Independent Retailers Association has said 2024 is anticipated to be a challenging period for shop keepers as economic challenges are still set to bite.
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Indie Retail Christmas Opening Hours

20 Dec 2023

The Indie Retail office will be open as usual (9am-5pm) for the majority of the Christmas period, with some exceptions.
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Bira CEO addresses surge in retail crime on the BBC

19 Dec 2023

Bira's CEO, Andrew Goodacre, took the spotlight on BBC Breakfast this week and later spoke with Nicky Campbell on BBC Radio 5 Live, shedding light on the rise in retail crime and shop theft,... Read more…

Dress shop crowned winner of Cambridge Christmas shop window competition.

18 Dec 2023

Dress shop Pocket Watch & Petticoats in Trinity Street has been crowned the winner in Cambridge BID’s Christmas window competition.
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Bira issues guide to protecting yourself against festive cyber scams

18 Dec 2023

In the age of online shopping, the pursuit of the best deals during the festive season is increasingly common. However, as consumers flock to virtual marketplaces, cybercriminals are seizing the... Read more…

Shoplifting now among the most common crime against small firms

18 Dec 2023

Fresh evidence about the increasing problem of thefts from shops has been revealed amid a warning that organised shoplifting is now among the most common type of crimes against small firms.
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Oldest record shop in Liverpool reopens with museum to celebrate city's musical heritage.

18 Dec 2023

One of the North West’s oldest record shops has reopened after 14 months, creating a small museum to pay tribute to its long-standing musical connections with the city.
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Indie jewellery retailer creates unique gold ‘Key Ring’ for new ITVX series

6 Dec 2023

Bristol and Cirencester-based bespoke fine jewellery retailer Titcombe Bespoke Jewellery, a member of the National Association of Jewellers, has received one of its most unusual commissions... Read more…

Family-owned butcher’s shop hopes 'Mary' will help Wigan families in need of food.

6 Dec 2023

Reynolds’ Butchers in Parbold, near Wigan, have set up a scheme called Mary’s Mince to help people living in the village.
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American Express Shop Small Highlights UK’s Top High Streets for Independent Shops

5 Dec 2023

Research commissioned by American Express Shop Small reveals the top 10 high streets for independent shops in the UK, shining a light on the nation’s small businesses that play... Read more…

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April 2019 NLW and NMW rates

Posted on in Business News, Political News

The Low Pay Commission report 2018 has been published providing evidence and rationale behind the recommendations for National Living Wage (NLW) and National Minimum Wage (NWM) rates to apply from April 2019.

national living wage 

The Government has set a target to reach 60% of median earning by 2020 for the NLW. The Low Pay Commission's (LPC) remit is to make recommendations that reach the target and to raise pay as high as possible without damaging employment prospects. The recommendations for this year have taken place against various policy changes within the Government, most notably the ongoing Brexit negotiations and the lead up to the UK's exit from the EU in 2019.

The report not only provides recommendations but evaluates the impacts of the NLW until now with findings that suggest that as many as 5 million people benefitted from the increase in April 2018.

The report in acknowledging ACS's research, highlights that certain sectors, including retail, may be disproportionately affected by increase in the NLW. As a means of managing the impact of increased wage rates, convenience retailers are reducing the number of hours that they employ staff for (65%) as well as increasing the number of hours that they work (60%).

Analysis, however, did not find any clear evidence to suggest that the increases in NLW had negatively affected employment and therefore the evidence provided resulted in the LPC recommending that the NLW remain on its paths to 60% of median earnings by 2020, with an increase of 4.9% to £8.21 an hour in April 2019.

Read the Low Pay Commission's full report for 2018 here.

Read the ACS' response to the Low pay Commission report 2018 here.

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