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.

8th May 2026

Stax Takes Pre-Season on the Road with New Pagoda/STV Roadshow

Stax Trade Centres is bringing its pre-season buying event directly to customers with the launch of its first-ever Pagoda Garden Furniture Pre-Season Roadshow, making it easier than ever for independent retailers to plan ahead for the season.

Read More

30th March 2026

Stax strengthens Glasgow team with new regional sales appointment

Stax Trade Centres is pleased to announce the appointment of Billy Coutts as Regional Sales Representative, further strengthening its presence across Scotland and Northern Ireland.

Read More

13th March 2026

Deco-Pak and Stax strengthen Scottish market with new distribution partnership

In a move designed to improve access and flexibility for Scottish garden retailers and trade buyers, Deco-Pak and Stax have announced a new distribution partnership.

Read More
See all