Bank of England Launches New Banknote Checking Scheme

The Bank of England’s new Banknote Checking Scheme has been launched this week, aimed at cash-handling businesses and promoting banknote checking at point of sale through targeted training. Its aim is to reduce the number of counterfeit notes being accepted and to reduce losses to businesses.

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One Week To Go Until Heart of the Community 2017

There is just one week remaining until ACS' headline political conference of the year, Heart of the Community 2017. 

This year's conference will take place at Church House, Westminster on 17th October between 12pm and 4pm and will feature a host of industry experts and senior MPs who will share their vision on how to engage locally and help local shops thrive in the future. 

Speakers at the event include: 

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Shadow Business Secretary Confirmed for Heart of the Community Conference

ACS is delighted to announce that Shadow Secretary of State for Business, Energy and Industrial Strategy Rebecca Long-Bailey MP is confirmed to speak at the 2017 Heart of the Community Conference on October 17th in London.

At the event, Rebecca Long-Bailey MP will outline how a Labour Government would support the convenience sector, looking at business rates, employment costs and other pressures on the sector.

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New Track and Trace Proposals Could Impose Significant Burden on Convenience Sector

ACS has raised concerns about the costs and administrative burdens that new ‘Track and Trace’ proposals on tobacco could have on the convenience sector.

The EU Revised Tobacco Products Directive aims to introduce a method of tracking the sale of legitimate tobacco products through the supply chain. Up to this point, the Directive has stated that they would only affect the ‘last economic operator before the first retail outlet’ but the latest draft of the regulations includes a number of demands on retailers purchasing tobacco from a wholesaler.

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ACS Urges Government to Consider Retail Impact of Deposit Return Schemes

ACS (the Association of Convenience Stores) has responded to Secretary of State for Environment, Food and Rural Affairs Michael Gove’s announcement of a new call for evidence on bottle deposit return schemes, urging the Government to consider the negative impact that such schemes would have on the convenience sector.

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