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UK bike sales hit 20-year low but long-term outlook remains positive

22 Feb 2023

The Annual Market Data Report for 2022 from The Bicycle Association (BA) reports annual cycle sales in the UK fell to 1.88 million units in 2022, a 20-year low, 27% below pre-COVID levels in... Read more…

Nottingham revealed as UK’s best spot for homebuyers who want a thriving indie retail scene

13 Feb 2023

New research by estate agent comparison site, GetAgent.co.uk, has analysed the number of independent shops found across 15 major UK cities to find which presented the most independent retail... Read more…

New data reveals the most and least expensive retail rental areas in the UK

13 Feb 2023

New data from insolvency specialists Real Business Rescue, which analysed current commercial retail listings to find the most and least expensive areas in the UK for business owners to open... Read more…

Tackling retail crime a priority, says Policing Minister

13 Feb 2023

The Policing Minister Chris Philp has said that tackling retail crime is a priority.
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The 1975 named as ambassadors for this year’s Record Store Day

13 Feb 2023

Record Store Day has unveiled indie rock band The 1975 as this year’s RSD ambassadors.
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Bike prices predicted to fall in 2023 due to excess stock, but not across the board

6 Feb 2023

Predictions of a slowdown in demand for bikes may contribute to an industry-wide decrease in prices, with the Bicycle Association reporting UK bike sales down by a quarter against Covid levels.
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Nearly two thirds of consumers committed to sustainability despite cost-of-living pressures

2 Feb 2023

A new report from Shopify has shown that sustainability conscious shopping is on the rise. Consumer interest in green products has remained robust, despite inflation and other economic... Read more…

Shop price inflation hits record heights & peak is yet to arrive

2 Feb 2023

Shop prices have reached record highs after inflation accelerated in January, with a warning that the peak is yet to arrive.
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Proposed deposit return scheme could put strain on indie retailers

2 Feb 2023

A new deposit return scheme announced by the Government to make it easier for people to recycle plastic bottles and drink cans will put a strain on independent retailers, according to industry... Read more…

Shop occupancy rates improve despite cost-of-living crisis

30 Jan 2023

The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both companies and consumers from the rising cost of living.
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Indie Retailers in York to get funding boost from City Council

Posted on in Business News, Cycles News

Groups of independent retailers in York are to receive a £25,000 funding boost to help with promotion during the Christmas trading period and to attract more customers in 2023.

York High Street

Traders’ associations and groups in Acomb, Goodramgate, Haxby and Wigginton, and Bishy Road will benefit from the funding pot to drive inclusive growth in the city’s small and ‘micro’ business sector.

The financial support comes from City of York Council’s Independent Retail Fund and follows previous funds provided by the council to help local businesses continue recovering from the pandemic. Since the start of the pandemic, the council has focused on supporting the city’s small and independent sector, in total allocating over £9m in discretionary and local funding alongside advice and other support.

This latest funding will support retailers’ efforts to attract shoppers during the 2022 festive season and at Easter in 2023. This will include Christmas markets and Christmas lights displays, small music festivals and Easter-related celebrations.

City of York Council’s Executive Member for Economy and Strategic Planning, Ashley Mason, commented:

“York’s vibrant small and independent business sector is the backbone of our city’s economy. They have had to weather some extremely difficult times over the last few years and the Council has done as much as possible to provide support throughout it.

“This latest set of funding will support our retailers’ efforts over the coming festive season and support them as they continue to grow and adapt.”

“There are some very exciting plans in store by traders across the city, so I would urge residents and visitors to support our businesses and shop local. Christmas particularly is a great time to support our local businesses by purchasing unique gifts and local produce.”

The project is one of eight key, one-off projects to support inclusive growth in York.

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