Parliament launches inquiry into UK retail to #savethehighstreet
The Department for Business, Innovation and Skills Select Committee has launched an inquiry into the UK retail sector.
The inquiry will apparently examine the impact of business rates on the sector and wants retailers to submit evidence on regulations and costs affecting them - retailers will need to submit evidence by Monday April 15.
The BIS Select Committee has also called for evidence on the implementation of the department’s action points arising from last year’s retail strategy document, progress on the Portas Review, the impact of online sales on the high street, as well understanding the skills needed for a successful retail industry.
British Retail Consortium director general Helen Dickinson said: “This is a positive step which comes at a crucial time for retailers, as the sector continues to face economic challenges while evolving and innovating to meet changing consumer needs. It’s the right time to be considering the nature of these challenges and structural changes, and exploring what more the Government can do to support retailers both now and in the future."
“The right support will enable the sector to maximise its contribution to growth, investment and job creation,” Dickinson said.