In the high volume, low margin wholesale model, increases in operating costs cannot easily be absorbed and can result in increased costs in the food and drink supply chain. FWD makes the case to the government and regulators for better regulation of businesses in this sector and for it to be necessary, effective and proportionate.
FWD believes that current Sunday trading regulations, which limit the number of hours larger stores can open, should be maintained. This will benefit our high streets and local communities.
December 2019: In the Queen’s Speech the Government reconfirmed its intention to reform the current business rates system to protect high streets and communities from excessive tax hikes and keep town centres vibrant. Measures include more frequent evaluations and increasing the retail discount from one-third to 50 percent.