Andrew Goodacre updates on Bira plans after King Speech

The recent King's Speech has outlined several legislative proposals that could significantly impact independent retailers. Among the key areas of concern are the Crime and Policing Bill, the Employment Rights Bill, and the Planning and Infrastructure Bill.

Employment Rights Bill: A Potential Challenge for Small Businesses

The Employment Rights Bill is particularly noteworthy due to its proposed changes, which could increase both the administrative burden and the cost of employing staff. Small businesses, which are already operating on tight margins, may find these changes especially challenging. To address these concerns, we will be actively consulting with relevant policymakers. Our goal is to ensure that the perspectives and needs of small businesses are adequately considered during the legislative process. By doing so, we hope to mitigate any negative impacts and advocate for provisions that support the viability and growth of independent retailers.

Crime and Policing Bill: Ensuring Safe Trading Environments

The Crime and Policing Bill also holds significant implications for independent retailers. This legislation aims to enhance public safety and reduce crime, including retail theft and other crimes that directly affect small businesses. Effective implementation of this bill could create a safer trading environment, thereby benefiting both retailers and their customers. We will be monitoring the progress of this bill closely and advocating for measures that protect small businesses from crime.

Planning and Infrastructure Bill: Impacts on Business Operations

The Planning and Infrastructure Bill, which focuses on the development and improvement of physical and digital infrastructure, could also have far-reaching effects on independent retailers. Changes in planning regulations and infrastructure development can influence the location and accessibility of retail businesses, as well as impact operational efficiencies. Our organisation will engage with policymakers to ensure that the needs of small businesses are considered in these developments.

Absence of Business Rates Reform: A Missed Opportunity

Despite the pressing need for business rates reform, which was a key feature of the Labour manifesto, the King's Speech made no mention of this critical issue. Business rates continue to be a significant financial burden for independent retailers. In light of this omission, our immediate priority is to campaign for the retention of the retail discount at 75%. This discount is crucial for many small businesses and its continuation can provide much-needed financial relief. Decisions regarding the retail discount are typically made in the autumn, and we are committed to working tirelessly on this issue in the coming months.

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