Bira disappointed mini-budget doesn’t help indies

The Biritsh Independent Retailer association has expressed its disappointment that there are no measures in the mini-budget to directly benefit independent retailers

Written by Georgie Dobie

Posted 14.07.2020 | Retail

Bira disappointed mini-budget doesn’t help indies thumbnail

Bira has expressed its disappointment that Chancellor Rishi Sunak’s mini-Budget does not directly help retail business owners.

Mr Sunak announced a raft of further measures to support the recovery of the economy following the coronavirus lockdown, in Parliament on Wednesday 8 July. 

Features of the Budget included a job retention bonus scheme; a £2bn emergency package to prevent youth unemployment; and a 50 per cent off voucher scheme for participating outlets in the hospitality sector. 

However, there were no measures to directly benefit independent retailers. 

Andrew Goodacre, Bira’s CEO, said: “We welcome the various initiatives to bring younger people into work and the support for the hospitality sector. 

“It is disappointing that there is no VAT cut for retailers in general and no changes to national insurance to help employees retain jobs over the next few weeks. 

“With footfall on the high streets still at low levels and consumer spending down, there needs to be thought given to how consumer demand is stimulated on the high street or many businesses will close and jobs lost before we reach the end of the furlough scheme.” 

Schleich celebrates its 85th anniversary thumbnail

Schleich celebrates its 85th anniversary

Limited edition golden figurine marks the occasion

Zimpli Kids gives back to the NHS thumbnail

Zimpli Kids gives back to the NHS

The company has announced its plans to donate 100 per cent of its net profits from Rainbow Baff Bombs to ...

Messe Frankfurt readies for this week’s trio of events thumbnail

Messe Frankfurt readies for this week’s trio of events

Toy & Edu China, Baby & Stroller China and Licensing China to open this week with over 1,300 exhibitors

Press Releases

Radio silence broken on Novel Entertainment’s new Horrid Henry podcast thumbnail

Radio silence broken on Novel Entertainment’s new Horrid Henry podcast

The first podcast based on the award-winning Horrid Henry TV series will launch this week under new ‘Horrid Henry Unlocked’ ...

APC Kids signs trio of deals for CTC Media’s Kid-E-Cats thumbnail

APC Kids signs trio of deals for CTC Media’s Kid-E-Cats

New deals sees hit property’s footprint expand in Asia, Latin America and North America

Live the track with the Lego Technic Ducati Panigale V4 R thumbnail

Live the track with the Lego Technic Ducati Panigale V4 R

The Lego Group has revealed its latest Lego Technic model – the Ducati Panigale V4 R

Have a field day with Britains’ New Holland Tractor! thumbnail

Have a field day with Britains’ New Holland Tractor!

Tomy has revealed the latest launch from Britains – a New Holland T8.435 Tractor