Tag Archives: ACT

The organiser of Local Bike Shop Day is urging retailers to share their thoughts ahead of the 2022 event.  First held as an annual event to celebrate independent bike shops across the UK, Local Bike Shop Day has grown in profile since its inception and was supported by a record …

Cytech is seeking training partners in Scotland, Northern Ireland and Ireland, as it looks to expand in the UK and Ireland. Managed by the ACT, Cytech’s mission to raise the standard of professional cycle technicians across the globe is going strong with first-rate facilities now training in four continents and Cytech …

Rebecca Morley looks at the impact Chancellor Rishi Sunak’s Autumn Budget and the Spending Review 2021 will have on the cycling and retail sectors

The Association of Cycle Traders has warned that ‘buy now pay later’ services are being exploited by criminals.  Schemes that allow consumers to take home products and pay at a later date have proved hugely popular for younger consumers, but are also somewhat controversial as they pose potential risks to …

Using non-regulated Buy Now Pay Later (BNPL) services can be like “slipping into quicksand”, a charity has warned, with the Treasury launching a consultation into bringing the sector under regulation. Many BNPL products are becoming increasingly popular among Gen Z’s and Millennials – it is offered widely online by fashion …

The Government has recently announced an extension to its £3,000 incentive payment to employers taking on a new apprentice, with an employment start date from 1st October 2021 to 31st January 2022. This payment is in addition to the existing £1,000 an employer will get for taking on an apprentice …

The FCA recently announced increases in its base rate fees that will have an ‘unfavourable effect’, particularly on smaller independent retailers, said the ACT. However, retail finance remains the ‘most powerful sales tool available for IBDs’, the ACT added, and correctly used these extra costs can ‘easily be negated’. Applications …

Local Bike Shop Day 2021 was celebrated by 370 bike shops across the UK, an increase of 37% from the previous year, with some IBDs offering their customers discounted products, free bike services or guided bike rides. Local Bike Shop Day – organised for the industry, by the industry – is …

As Local Bike Shop Day looms, BikeBiz catches up with the ACT to find out more about this weekend's annual celebration

There is now just over two weeks to prepare for this year’s Local Bike Shop Day, taking place on Saturday 28th August. To make preparations as easy as possible for IBDs during this busy time, the ACT has created a digital Retailer Promotional Pack that is available to download here, …