Branch

Spring statement fails to address high street crisis

Retailers association says spring statement fails to address high street crisis.

Published 1st April 2025

article

A leading retailers association has said the Chancellor's Spring Statement delivered today has failed to address the "perfect storm" of cost pressures facing independent retailers across the UK.

Despite prior calls for support on town centre investment, retail crime, and economic development, the Spring Statement made no specific provisions for the independent retail sector, which is facing unprecedented challenges including National Insurance increases, rising business rates, and increased wage costs.

Bira had previously outlined three key priorities for the Chancellor to address: continued investment for town centres and high streets; fully funded policing to address retail crime; and making economic development a statutory requirement for local authorities.

Read the full article here

Photo by Alev on Unsplash

Read more

Keep up to date with all the latest news from Stax.

20th November 2025

Getting Winter-Ready with Stax

Every year, as soon as the first frost hits, it’s the same story. Shelves empty fast, demand for winter essentials skyrockets, and retailers scramble to restock heaters, de-icing salt, security lights, and torches. But the retailers who truly thrive in the colder months are the ones who plan ahead.

Read More

14th November 2025

Management team takes the helm in Stax Trade Centres buyout.

Stax Trade Centres Ltd. is embarking on an exciting new era with the announcement of a management buyout, a move that seamlessly continues its 44-year legacy of stability and success. The deal sees Purchasing Director Simon Wright and Operations Director Nigel Wright step into the roles of Joint Managing Directors, confidently steering the company into its next chapter.

Read More

29th July 2025

Bira welcomes Government's new product safety laws

Bira has backed the government's move to hold online marketplaces to the same high standards as high street shops, following Royal Assent of the Product Regulation and Metrology Act.

Read More
See all