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Cargo e-bike logistics company enters administration following failure to find new funding

Electric cargo bike firm Zedify is set to enter administration following a failed search for new funding, after aiming to be active in 50 cities over the next few years.

19 Feb 2025, more…

UK Government removes tariffs on Chinese e-bikes sparking concerns for domestic industry

The UK Government has removed anti-dumping tariffs on non-folding e-bikes imported from China in a move that has raised alarm within the UK’s cycling industry over potential market...

14 Feb 2025, more…

Free webinar exclusive to ACT members on employment law compliance

The ACT and legal partner WorkNest are hosting an exclusive webinar on how to remain compliant with employment law while making necessary business changes.

4 Feb 2025, more…

Government publishes research on e-bike battery safety

New independent research has confirmed OEM e-bikes are effectively exempt from risk of battery fires, with unsafe post-purchase replacement batteries, conversion kits, and other equipment that...

31 Jan 2025, more…

Government rejects 500w e-Bike proposal and suggested changes to throttle assistance after consultation

The UK Government has decided not to go ahead with proposals to increase the maximum power output of e-Bikes to 500W and to permit throttle assistance following a lengthy consultation process.

31 Jan 2025, more…

Australian Cytech training provider visits UK centres for productive exchanges of insight and ideas

Cytech's Australian training provider The Bicycle Academy,  which delivers their courses in Brisbane, Sydney, Melbourne, Adelaide and Perth, paid visits to UK Cytech centres late last year...

22 Jan 2025, more…

ACT to deliver talk on challenges and opportunities in UK cycle industry as iceBike* seminars announced

The ACT is set to deliver a seminar at both the North and South iceBike* events discussing the current challenges and opportunities facing the UK cycle industry.

21 Jan 2025, more…

ACT announces new partnership with legal specialists WorkNest

The ACT has teamed up with employment law, HR, and health and safety experts WorkNest as the association's new legal partner.

17 Jan 2025, more…

2024 year in review: A message from ACT Director Jonathan Harrison

Director of the ACT Jonathan Harrison has praised the "resilience and adaptability" of the ACT and its members in an end of year message.

18 Dec 2024, more…

Former British racing cyclist among industry leaders featuring on new podcast series around the future of cycling

A former British cyclist, a host of CEOs and industry leaders are sharing their thoughts on the future of the cycling industry as part of a revealing new series launched by the Ride to Success...

5 Dec 2024, more…

Indie retailers doubt Liz Truss will help the high street

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Indie retailers doubt Liz Truss will help the high street

Posted on 29 Sep 2022

New research from Ankorstore, an online B2B platform that connects brands and shops in Europe, has shown that independent retailers are relying on the support of local shoppers, rather than the government, to keep them afloat.

The research featured 4,000 respondents made up of 2,000 nationally representative UK consumers and 2,000 UK SME business owners in retail.

Liz Truss

Whilst 69% of the latter felt optimistic that consumers would continue to support their shop, despite the cost-of-living crisis, fewer have faith that the government will positively support independent retailers and high streets (44%).

Gen Z independent retail owners are the most optimistic and hopeful that the new Prime Minister will have a positive impact when it comes to supporting local high streets and independent retailers, with 61% believing the new leader will have a positive impact.

This steadily decreases with age: 52% of 35-44s, 25% of 45-54s and just 17% of over 55s believe the same.

85% of independent retailers are also calling on the government to cut business rates to preserve British high streets, with that figure rising to 90% for those who only have physical stores.

86% of UK consumers have already noticed an increase in the number of empty shops on their local high streets, and three quarters agree that the government should provide more support for independent retailers and shops.

Tarun Gidoomal, UK General Manager at Ankorstore, comments: “Our research confirms the harsh reality that the majority of small businesses do not predict that they will survive the extraordinary pressures that they are currently facing.”

“As a business that champions and supports independent retailers all over Europe, we hope this research serves as a wakeup call to the UK government. Inaction is simply not an option at such a pivotal time for independents.”

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