ACS: Business Rates Reform Must Encourage Retailers to Invest

ACS (the Association of Convenience Stores) has welcomed the publication of the long-awaited call for evidence on reform of the business rates system.

The call for evidence, which will be open to submissions until 31st October, considers several areas of the business rates system and calls for views on how the system can be reformed, including whether:

Read More
This entry was posted by Chloe on Tue, 21/07/2020 - 13:00

ACS: Action Needed to Secure Long-Term Access to Cash

ACS (the Association of Convenience Stores) has welcomed an update from the Joint Authorities Cash Strategy (JACS) Group on safeguarding the UK’s cash infrastructure, highlighting the importance of cash to businesses and consumers.

The Joint Authorities Cash Strategy (JACS) Group brings together the Bank of England, Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) to ensure comprehensive oversight of the overall cash infrastructure across the UK.

Read More
This entry was posted by Chloe on Fri, 17/07/2020 - 14:09

Temporary VAT Cut on Eat-In and Takeaway Food Now in Effect

From today (15th July) the rate of VAT on eat-in or hot takeaway food has been cut from 20% to 5% until 12th January 2021.

The temporary VAT cut was announced as part of the Summer Statement as an urgent response to the coronavirus pandemic as part of the effort to support businesses impacted by forced closures and social distancing measures.

Last week, ACS received clarification that any vendor providing food and drink for consumption on the premises, or hot takeaway food or drinks are eligible for the reduced rate, including local shops.

Read More
This entry was posted by Chloe on Wed, 15/07/2020 - 14:21

Trade Bodies Raise Newspaper Supply Chain Concerns to Minister

ACS (the Association of Convenience Stores) and NFRN (the Federation of Independent Retailers) raised concerns about the future of the newspaper supply chain in a joint letter to the Minister of State for Media and Data, John Whittingdale MP.

Recently, newspaper publishers and wholesaler representatives called for a competition wavier to bring the industry together to discuss the future of the supply chain. The Covid crisis has changed many dynamics in the news industry, which presents an opportunity for the industry to think about its future.

Read More
This entry was posted by Chloe on Tue, 14/07/2020 - 11:37

ACS: Government Set to Ban HFSS Promotions and Restrict Siting

ACS (the Association of Convenience Stores) has responded to speculation on the Prime Minister’s plans to ban promotions of unhealthy products and restrict where these products can be sited in store.

It has been suggested that the Government is planning to prevent shops from offering promotions on targeted products and a ban is also expected on sweets and chocolates promoted at the end of supermarket aisles and entrances.

Read More
This entry was posted by Chloe on Fri, 10/07/2020 - 11:45

Convenience Stores to Benefit from VAT Cut and Pavement Licensing

ACS (the Association of Convenience Stores) has welcomed the inclusion of certain food and drink sales in the reduced rate of VAT announced by the Chancellor in his summer statement yesterday, and confirmation that convenience stores can go through the same process as other businesses to get licences for seating outside their store.

Read More
This entry was posted by Chloe on Thu, 09/07/2020 - 15:24

Summer Statement: Further Clarity Needed on VAT Changes for Local Shops

Today (8th July) the Chancellor delivered a financial statement to Parliament setting out the Government’s latest Covid-19 related policy measures.

During his statement, Chancellor of the Exchequer Rishi Sunak confirmed that the furlough scheme will end ‘flexibly and gradually’ in October.

Read More
This entry was posted by Chloe on Wed, 08/07/2020 - 14:26

Urgent Action Still Needed on Violence Against Shopworkers

The Home Office have published its response to the call for evidence on violence towards shopworkers over a year after it closed, claiming that no changes to the law are necessary to deter those who commit thousands of incidents of threats, violence and abuse against people working in retail.

Read More
This entry was posted by Chloe on Tue, 07/07/2020 - 13:15

Lords Committee Calls for Action on Healthy Start and Free School Meal Vouchers

ACS (the Association of Convenience Stores) has responded to the publication of a new report from a House of Lords Committee, highlighting the important role of the convenience sector in providing healthy options for local people and encouraging Government to make it easier for stores to be involved with programmes like Healthy Start and free school meal vouchers.

Read More
This entry was posted by Chloe on Mon, 06/07/2020 - 15:13

Pages