Retail

BRC hails UK PM's route out plan

24 Feb '21

2 min read

Pic: Shutterstock

The British Retail Consortium recently welcomed the Prime Minister Boris Johnson’s route out plan. The government should remain flexible and allow non-essential retail to reopen as soon as the data suggests it is safe to do so, BRC chief executive Helen Dickinson said, welcoming the decision ‘not to pull the rug out’ from under businesses.

“To this end, the Government must act on three vital issues—rents, rates and grants,” he said in a statement.

“While we are encouraged by a plan for non-essential stores to reopen, the heavy impact of the pandemic means some may never be able to. The cost of lost sales to non-food stores during lockdown is now over £22bn and counting. Every day that a shop remains closed increases the chances that it will never open again—costing jobs and damaging local communities,” he said.

“To avoid further job losses and permanent job closures, the Chancellor must announce a targeted business rates relief from April and extend the moratorium on debt enforcement, as well as removing state aid caps on Covid business grants. This would relieve struggling businesses of bills they cannot currently pay and allow them to trade their way to recovery,” he added.

Fibre2Fashion News Desk (DS)

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