POSITIVE ACTION NEEDED TO SUPPORT REINVENTION OF RETAIL

Responding to the BEIS Committee report, published today, Helen Dickinson OBE, Chief Executive of the British Retail Consortium, said:

“Retail is an important part of the British economy, providing jobs for over 3 million people.

“We are in the midst of an unprecedented transformation, yet many businesses are being held back by a rising tide of public policy costs, not least the spiralling Business Rates, which will rise once again in April.

“We welcome the call by the committee for Government to take positive action to support the reinvention of the industry. If Government fails to act, the consequences for communities across the country may be stark.”