Tag Archives: ACT

Applications for the Government’s latest additional incentive payment of £3,000 open today, 11th January, for employers who have hired apprentices over the winter. Businesses who hire or have hired a new apprentice, with an employment start date between 1st October 2021 and 31st January 2022, can apply to receive £3,000 …

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