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Indies drinks retailers short-changed in government duty consultation

16 Aug 2023

Independent quality drinks retailers were woefully underrepresented among those consulted by government over the duty changes now hitting businesses, it has been claimed, after industry magazine... Read more…

Online bookshop hits £3 million for independent sellers

16 Aug 2023

Online bookshop Bookshop.org has reached its target of raising £3 million in profit for independent booksellers in its fight for them to “thrive in the world of ecommerce”.
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Indie craft baker takes home five Great Taste Awards after only 16 months in business

15 Aug 2023

A start-up craft baker from south-east London who sells his produce at local food markets has taken home five Great Taste Awards after only 16 months in business.
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A fifth of Brits prefer using mobile phones to make payments in shops.

8 Aug 2023

One in five UK consumers (20%) prefer using mobile payment services such as Apple Pay over cash (17%) or chip & PIN card payments (10%) for in-store purchases, a new survey has reported.
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New Consumer Duty comes into force

1 Aug 2023

In what the Financial Conduct Authority has described as “a step change in standards of consumer protection” new Consumer Duty regulations have come into force for all products and... Read more…

US audiobook platform Libro.fm launches to indie bookshops in UK

1 Aug 2023

Independent bookshops in the UK can now sell audio books through Libro.fm. Launching in the last couple of weeks in the UK, the digital audio book platform, which already partners with... Read more…

From Cash to Contactless – IRC Leads Study on Payment Trends in Retail

31 Jul 2023

The Independent Retailers Confederation (IRC) will be working with key financial institutions within the UK to gauge the shift in retail payments.
 
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Retailers call for CCTV grants as shoplifting rises 24% year on year

31 Jul 2023

Independent retailers are calling on the government to offer security grants so that stores can be better equipped to deal with shoplifting, which has risen by a quarter in England and Wales in... Read more…

Indie retail finalists named in the 2023 Speciality & Fine Food Fair Awards

31 Jul 2023

The shortlist has been announced for the 2023 Speciality & Fine Food Fair Awards, which celebrate innovative products and inspiring independent retailers in the world of artisan food and... Read more…

ActSmart partner Tyl by NatWest leads the charge with new Tap to Pay

19 Jul 2023

Apple has announced that Tap to Pay on iPhone has now rolled out to the UK, enabling small businesses to accept Apple Pay and contactless card payments using nothing more than their... Read more…

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Starmer launches five-point plan to breathe new life into high street

Posted on in Business News

Cutting business rates and energy bills, plus eradicating late payments are among measures in a new plan announced by Labour leader Sir Keir Starmer to “get our high streets thriving again”.

Sir Kier Starmer

The party said it would cut business rates for small businesses on the high street “paid for by properly taxing online giants”, adding it “would be worth over £2.6k” to the average pub, cafe or restaurant.

It also indicated it would introduce “tough new laws to stamp out late payments and make sure more money gets to high street firms” and give councils “strong new powers to bring empty shops on their high streets back into use”.

To help cut energy bills, Labour said it would introduce vouchers for energy efficiency measures including “double glazing at a local cinema, a new heat pump in a cafe or an electric vehicle for a takeaway”.

Starmer said: “Britain’s businesses already give so much to our economy and hold a huge amount of potential and promise just waiting to be unlocked.

“But they’re being held back by 13 years of Tory economic failure. The Tories crashed the economy, and business and working people are still paying the price on higher interest rates.

“With our five-point plan, Labour will work in partnership with businesses and local communities to get our high streets thriving again.”

In contrast, Conservative party chairman Greg Hands said: “Labour have abandoned their pledge to abolish business rates. The only position they remain committed to is more unfunded, uncosted spending pledges.

“We have a £13 billion package in place now to support firms with the cost of business rates as we push on with our mission to halve inflation, grow the economy and reduce debt to help businesses right across the UK.”

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