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30.11

Independent retail hit by a loss of -1,554 units in first six months of 2018

Data released today by the British Independent Retailers Association (bira) and the Local Data Company (LDC) shows that independent retailers opened significantly more shops in H1 2018 than in the same period last year. However, a record number of stores were closed over the same period. This resulted in a total decline of -1,554 shops (-0.5%) – a significant […]

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By joannecooper | Read more

30.11

HMRC writes to firms ahead of Making Tax Digital for VAT

Ahead of the rolling out of Making Tax Digital for VAT in April 2019, HM Revenue and Customs has started writing to select businesses eligible to join the Making Tax Digital for VAT pilot The Chartered Institute of Taxation (CIOT) has revealed that an initial 20,000 letters have been distributed to firms eligible to join […]

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By alexahir | Read more

21.11

Budget 2018 provides clarity for Making Tax Digital VAT threshold

Chancellor Philip Hammond used his Budget 2018 speech to offer clarity to the UK’s army of small businesses regarding the upcoming implementation of Making Tax Digital (MTD) for VAT returns. From 1st April 2019, small businesses with a taxable turnover exceeding the VAT registration threshold will be required to file digital VAT records via MTD-compatible […]

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By alexahir | Read more

16.11

Stars: Underlines 2018 – the winners revealed

Renowned cabaret destination, Café de Paris, was the spectacular venue for the 10th edition of Stars: Underlines Best Shop Awards. 300 guests from the intimate apparel, swimwear and legwear industries met for a star-studded evening, sponsored by LYCRA® fibre, celebrating 60 years in 2018 and hosted by leading b2b publication, Underlines Magazine. The 2018 event […]

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01.11

Government introduces tough new measures to prevent acid attacks

Retailers encouraged to sign up to Voluntary Agreement to support the fight against these crimes As the Government introduces tough new measures to prevent acid attacks, including a two year sentence for anyone caught carrying sulphuric acid above 15% concentration without a licence, it is important for independent retailers who stock and sell such products […]

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10.10

The fight continues as the House of Commons debate bira’s Business Rates Proposal

This week, independent retailing champion Sir Geoffrey Clifton-Brown MP took bira’s proposal for a £12,000 allowance for small businesses, instead of the current threshold to the House of Commons for an Adjournment Debate answered by Mel Stride MP – the Financial Secretary to the Treasury and Paymaster General. This vital debate for independent retailers focused […]

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19.10

Changes to HSBC and Global Payments crediting timescales

MEMBERS WHO BANK with HSBC and receive next-day cleared funds will have received a letter recently explain-ing changes to their next-day crediting scheme. Transactions will now appear at 11am the next day, rather than 9am, which is the current arrangement. Those members who bank with HSBC but are not on next-day cleared funds will have […]

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By bira | Read more

12.10

Have the largest retailers given up on shop theft?

ANTI-SHOP THEFT CAMPAIGNER Neil Mackay is urging bira, through its membership of the British Retail Consortium, to keep up the pressure on large retailers to report stealing from stores to the police. He believes statistics surrounding shop theft are very inaccurate as many retailers no longer bother to report incidences of stealing, largely because police […]

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By bira | Read more

14.09

Entrepreneur Award celebrates independent businesses at Everywoman in Retail Awards 2018

On Thursday 13th September, hundreds of retail business leaders gathered at East Wintergarden in London to celebrate the winners of the 2018 Barclaycard Everywoman in Retail Awards. Amongst other inspirational award categories was the Entrepreneur Award, which celebrates owners/operators of a retail business that has been operating for 12 months or more, whose vision has […]

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By joannecooper | Read more

13.09

BLE confirms Nadiya Hussain for Live Q&A, Plus Masterchef winner Kenny Tutt and Guiness Sommelier Ian Locgan in BLE Kitch as part of F&B theme

Guinness, Endemol Shine Group and Brotmeister to host live demos in new BLE kitchen Three Brands & Lifestyle Theatre sessions chart journey of F&B licensing More than 50 F&B brands and personalities represented at the show TV chef, author and presenter Nadiya Hussain will take part in a live Q&A at Brand Licensing Europe as […]

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