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Visit Activate Cycle Academy at this weekend’s York Cycle Festival

Cytech-partner Activate Cycle Academy, which has specialist cycle maintenance training centres in Oxford, Guildford, Stafford and Darlington, will be exhibiting at this weekend’s York...

19 Jun 2024, more…

Cytech training provider Spokes People to deliver workshops at National Cycling Show 2024, opening next Saturday 15th June

Lee & Darren from Spokes People, one of Cytech’s UK training providers, are attending the National Cycling Show this weekend and will be delivering various workshops and sessions for...

6 Jun 2024, more…

Rediscovery Centre Opens First Cytech Training Facility in Ireland

The Rediscovery Centre, the National Centre for the Circular Economy in Ireland, today announced its partnership with Cytech, the internationally recognised training and accreditation scheme for...

15 Apr 2024, more…

Talk the torque in the Cytech Tech Forum

Cytech, the internationally recognised training and accreditation scheme for bicycle technicians, has launched a new Facebook group - the Cytech Tech Forum –...

11 Mar 2024, more…

BikeBiz editor gets hands on with Cytech technical one

Daniel Blackham, editor of industry magazine BikeBiz, has been writing about his experience of completing the Cytech technical one qualification at training provider Spokes People in Milton...

8 Mar 2024, more…

JE James Cycles to open first Barnsley store

ACT member and Cytech-accredited retailer JE James Cycles – one of the largest independent cycle retailers in Europe – is to open a new 7,874 sq ft store shop in Barnsley town...

7 Mar 2024, more…

Activate Cycle Academy welcomes British Cycling to Cytech technical one training course

Cytech partner Activate Cycle Academy, the largest and most recognised training provider of bike maintenance and technical training courses to the UK’s cycle industry, recently welcomed a...

6 Mar 2024, more…

Local Bike Shop Day 2024 confirmed for Saturday May 4th.

The ACT is happy to confirm the date for Local Bike Shop Day 2024 as Saturday 4 May, the weekend of the early May Bank Holiday.

29 Feb 2024, more…

ACT tells Parliamentary Committee of the need for urgent systemic change to the Cycle to Work scheme.

With more than 500 cycle businesses having now signed up to its campaign for change to the Cycle to Work scheme, a delegation from the Association of Cycle Traders has met with All Party...

25 Jan 2024, more…

OPSS takes enforcement action over dangerous e-bike battery.

The Office for Product Safety and Standards (OPSS) is taking enforcement action and warning consumers about a brand of e-bike battery – UPP – that has been linked to a number of...

24 Jan 2024, more…

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Cautious welcome from business leaders for new PM Sunak

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Cautious welcome from business leaders for new PM Sunak

Posted on 26 Oct 2022

As the economic clouds darken, business leaders have tentatively welcomed the arrival of Rishi Sunak as the country’s new prime minister.

Rishi SunakThis follows indicators showing optimism among business leaders falling this month to its lowest level since April 2020, during the first lockdown of the Covid pandemic. Rising inflation, a period of political uncertainty and increasing borrowing costs, which impacted on growth potential, were to blame.

Jeff Moody Commercial Director of bira said: "We welcome the news that Rishi Sunak is the new British Prime Minister, and we hope this ends the period of uncertainty for businesses and the country as a whole.

"Anything that will stabilise financial markets and improve consumer confidence will help the High Street in such a vital trading period is key and we hope that they restore the much-needed confidence in the financial market after so many weeks of turbulence.

"Now we ask for the Prime Minister and his cabinet to concentrate on reducing the cost burden now with prompt support for business on energy and tax burdens but also in the long term by committing to reducing the rates burden on 'Bricks and Mortar' retailers to prevent further closures announcements," he added.

Tony Danker, the director general of the CBI, said the former chancellor had a “track record of seeing the economy through difficult times” during the Covid pandemic.

“He is now coming in at a time of great uncertainty with tough choices ahead. The new prime minister can lose no time in easing the impact of market turmoil on households and firms and helping to restore fiscal credibility.”

Shevaun Haviland, director general of the British Chambers of Commerce, said his appointment came after a “hugely damaging” few months of political and economic uncertainty. “We cannot afford to see any more flip-flopping on policies – the UK’s businesses need a sustainable, long-term economic plan they can believe in.”

Helen Dickinson, Chief Executive at the BRC, said that with consumer confidence at historically low levels, the new Prime Minister “will need to provide certainty to households and support them through the cost-of-living crisis.”

“Retailers are playing their part in supporting their customers, shielding them from the worst of rising costs resulting from a weaker pound, tight labour market and war in Ukraine. However, these efforts are threatened by the £800m bombshell of additional business rates that will hit retailers in April – a 10% rise that far outstrips sales growth over the last year. To support consumers at this difficult time, government should freeze business rates and reform the broken transitional relief system, or it will be households that pay through higher prices,” she added.

 

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