Home / Knowledge / News / Bring to an end wish-list politics - BRC Chairman
Bring to an end wish-list politics - BRC Chairman
23
Sep '09
Amid all the talk of spending cuts versus tax increases, there must be "an end to wish-list politics" and a focus on "what is essential, not what seems politically nice to do."

That's what British Retail Consortium (BRC) Chairman Luke Mayhew will tell Business Secretary Lord Mandelson and an audience of 1,200 senior retail industry figures, politicians and officials tonight (Wednesday).

Addressing the BRC's Annual Retail Industry Dinner, Luke Mayhew, who is also Chairman of Pets At Home and former Managing Director of John Lewis, will say the recession has hit retailing less severely than many feared and the Government deserves credit for, "its part in helping maintain consumer demand." But he will caution that the country still faces a long period when it cannot afford everything governments will want to do.

He will call on politicians to be honest about the true costs of their proposals. He will also warn that fragile consumer confidence must not be taken for granted by any post-election government considering tax increases.

British Retail Consortium Chairman Luke Mayhew will say: "We need an end to wish-list politics. We all need to focus on what is essential and not what seems politically nice to do.

"So I make a plea that, whether it's hiking National Insurance or a supermarket ombudsman or carrier bag 'taxes' or pay gap reporting - current and future ministers really do the maths and assess the real economic cost and returns; and that - for every new piece of regulation they think of proposing - there is the honesty to measure its true cost."

Luke Mayhew will add: "I also urge our politicians to resist, next year introducing even more taxation that would undermine consumer confidence and spending power. So far, consumer expenditure has been more resilient than most of us expected. We must give credit to this Government for its part in helping maintain consumer demand but underlying confidence is very fragile. It should not be taken for granted.

"We are not a sector that looks for subsidies. We're naturally entrepreneurial. As we drive productivity and growth we'll play a substantial role in the country's economic recovery and reducing unemployment. But only if consumer confidence is not undermined and we are not weighed down with additional costs and more wish-list regulation."

British Retail Consortium (BRC)

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search