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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…

Trade organisations call on PCCs to act on local crime as retailers report record theft

5 Dec 2023

A new campaign is calling on police & crime commissioners to tackle crime on a local level, as theft against convenience retailers reaches record highs.
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London small businesses make up to 86% of their annual revenue during the festive period.

4 Dec 2023

Recent data from VistaPrint, reported by London Loves Business, has revealed that 70% of London small businesses generate up to a substantial 86% of their annual revenue... Read more…

Concerns expressed by retail leaders following Chancellor’s Autumn Statement

23 Nov 2023

Retail sector leaders have expressed a range of concerns, from taxation to business rates, following the Chancellor’s Autumn Statement this week.
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Winners of Booker Prize Indie Bookshop Spotlight competition named.

22 Nov 2023

Six independent bookshops from around the UK have been named as the winners of the inaugural Booker Prize Indie Bookshop Spotlight, a competition in which independent bookshops and booksellers... Read more…

New Conservative Party chairman writes responds to NFSP DVLA petition.

21 Nov 2023

The National Federation of Subpostmasters has received a response from new Conservative party chairman Richard Holden MP regarding the petition to keep DVLA services in post offices.
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British Business Bank launches new ‘Making business finance work.

21 Nov 2023

The British Business Bank has launched a new guide aimed at smaller businesses to help them understand how different financial products can support them at all stages of their development.
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Indie Shops to Boycott Black Friday

21 Nov 2023

Independent retailers across the UK are set to defy the Black Friday sales frenzy for the third year running, according to a survey conducted by Bira, the British Independent Retailers... Read more…

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Prime Minister's Funding Injection for Left-Behind Towns Welcomed by Bira

Posted on in Business News

British Independent Retail Association (Bira) acknowledges the Government's investment in towns across the UK.

High street

The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, commends the UK Government's commitment to the revitalisation of left-behind towns, putting local communities in charge of over £1 billion for their long-term development.

Prime Minister Rishi Sunak's announcement earlier this week outlined the allocation of £20 million endowment-style funds to 55 towns, distributed over a span of 10 years. This significant funding initiative, known as the "Long-term Plan for Towns," empowers communities to regain control over their future, enabling them to make decisions that best serve the interests of their residents.

The investment is intended to address various local priorities, including the rejuvenation of high streets, the combatting of anti-social behaviour (ASB), the enhancement of transportation networks, and the overall growth of the local economy.

The Long-term Plan for Towns offers the opportunity for selected towns, including six in the North East, ten in the North West, and four in the West Midlands, to develop their own comprehensive plans, backed by a dedicated Towns Board. This UK-wide approach spans across 55 towns, encompassing seven towns in Scotland and four in Wales.

Andrew Goodacre, CEO of Bira, said: "We wholeheartedly welcome the allocation of funds aimed at enhancing towns throughout the United Kingdom. The management and development of local areas are of paramount importance to the retail industry. It is crucial to recognise that independent retail establishments serve as the lifeblood of thriving towns and high streets.

"While we applaud this funding initiative, it is essential that we maintain the safety and accessibility of our high streets. We hope this funding will be utilised to create town centres that remain easily accessible to all, including those who rely on personal vehicles."

He added: "The injection of funds into left-behind towns under the "Long-term Plan for Towns" marks a substantial step toward rejuvenating local economies and reinvigorating community spirits. Bira looks forward to witnessing the positive impact of this investment on towns across the UK."

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