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6 Apr 2020 | 1 comment

The ACT has initiated a campaign to support retail owners with a scheme comparable to theJob Retention Scheme for our employees.

3 Apr 2020

The Business Secretary has called on high street lenders to ease access to the Coronavirus Business Interruption Loans Scheme (CBILS) for small independent retailers during the crisis.

2 Apr 2020

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31 Mar 2020 | 3 comments

As Local Bike Shop Day is a day encompassing the whole trade, the final judgement was given to the bike shops that had signup to take part. Out of all the respondents the overwhelming majority -...

31 Mar 2020

The Treasury Select Committee led by Mel Stride MP, has challenged the Association of British Insurers (ABI) regarding the support offered to business via their members, with specific regard to...

27 Mar 2020

eBay has today pledged to support small business owners by offering a 30day payment holiday for existing sellers and is waiving fees for all new businesses registering to list or sell until...

27 Mar 2020

UK VAT registered business with VAT payments due between 20 March 2020 and 30 June 2020 have the option to defer the payment until a later date or pay the VAT due as normal

27 Mar 2020

Check if you could be covered by the Coronavirus Job Retention Scheme

WANTED: Government Support for Retail Owners

Posted on in Business News , Cycles News , Political News

The ACT has identified that the great majority of IBD owners will not be supported by the Government's current support schemes, where they have been enforced to close. This shortfall already applies to many of our Independent Retail Confederation (IRC) colleagues, from hairdressers to booksellers; all micro retailer, limited company directors and shareholders.

The ACT has initiated a campaign through the IRC and its 100,000+ strong retail network to support retail owners with a scheme comparable to the Job Retention Scheme for our employees.

The proposal highlights the dependency of the speciality retail business sector upon the ownership; the sacrifices owners make to keep the retail sector running and their personal reliance upon generating profits to provide the dividends they require to fund their businesses, pay their staff and live!

Through the Independent Retailers Confederation, the ACT are urging Government to implement a financial support programme for our members NOW!


Reader Comments (1)

So will there be any help for those of us on low income, rent to pay but no business rates? Mine are included in the rent, does that mean my landlord will pocket the grant?

David Beacham, 6 Apr 2020

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