New Polymer £10 Note Enters Circulation Today

Britain’s new £10 polymer note has entered circulation today. Over one billion of the notes have now been printed and issued, meaning we will begin to see them in our wallets and tills over the next few weeks.

The polymer note features raised dots in the top left corner, which have been included to help blind and partially sighted users to identify the value of the note.

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Lords Raise Concerns over ‘Excessive’ Check, Challenge, Appeal Requirements

ACS has welcomed comments from the Earl of Lytton in a House of Lords debate on the government’s Check, Challenge, Appeal system for business rates appeals.

During the debate, the Earl raised concerns about the processes that businesses had to go through just to access the check, challenge, appeal system, suggesting that they were ‘excessive and intrusive’.

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New £10 Note to Enter Circulation This Week

There are just three days to go until the new polymer £10 note enters circulation. 

The note, which will be issued on 14 September 2017, features Jane Austen and is 132mm x 69mm. The current paper £10 note features Charles Darwin and is 142mm x 75mm.

The paper £10 will be withdrawn from circulation in Spring 2018. Notice will be given 3 months prior to the withdrawal date.

As with any change in banknote design, all businesses that handle cash need to plan and prepare for the introduction of the new notes.

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Jobs Fall in Convenience Store Sector as Increasing Costs Take their Toll

The number of jobs in the UK convenience store sector has fallen for the second consecutive year as retailers are forced to adapt to cost increases in their businesses.

The 2017 Local Shop Report, released today, shows that there are now just over 370,000 jobs in the convenience sector – a reduction on both last year’s total of 390,000 and 2015’s total of 407,000.

Key findings from this year’s report include:

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SGF and ACS: Local Shops Would Be Damaged By Bottle Return Scheme

Following the announcement by the First Minister that the SNP administration will press ahead with introducing a bottle return scheme, retail representatives have warned that the scheme will either impose costs on local retailers if they are part of the scheme, or drive customers to large shops if smaller stores are exempt.

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Assured Advice Guides For Your Business

ACS is encouraging retailers to sign up for Assured Advice and benefit from industry leading best practice on a range of issues affecting a convenience store business.

All guides have been updated for 2017 and ACS is recommending that retailers look over the new guides for policy changes and any relevant changes they will have to make in-store as a result.

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Welsh Cross Party Group Launches Supporting Entrepreneurship Inquiry

The Cross-Party Group on Small Shops has today launched a new Inquiry on how to support entrepreneurs trading on high streets, shopping parades and in rural locations throughout Wales.

The Supporting Entrepreneurship Inquiry will seek evidence on the breadth and depth of the contribution that different types of entrepreneur make to the Welsh economy, looking at how to support these entrepreneurs to grow, invest and secure their long-term future.

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