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February Update: Retail

11 February 2019

What's on the agenda this month

by Jordan Sullivan, Retail Policy Executive

UK politics is currently being engulfed by Brexit, with Parliament spending time debating the potential outcomes and repercussions of Brexit within their different policy areas. Nonetheless, debates around the future of retail and the workplace continue to be on the agenda for the sector. 

At the beginning of the month the Treasury Select Committee launched its anticipated inquiry into Business Rates policy, its impact on businesses, and potential tax alternatives. This inquiry is a reaction to the recent announcements of high street retailers collapsing and online retailers paying a disproportionate amount of tax. It is an issue in the retail sector that will continue to rumble on.  
 
Similarly, just into March the BEIS Committee will hold a session on automation and the future of work. Besides Brexit, the ongoing exploration of the future of work is under examination, is where the most important discussions are taking place. 

The ONS will publish its retail sales for January 2019 on the 15 February. Businesses and investors will hope the downward trend in sales evidenced in the December statistics does not continue into January.

A important consultation into support for exports will close towards the back end of February, the consultation will feed into the International Trade Committee’s larger inquiry.

Finally, the long-anticipated Consumer White Paper which is due to be published at some point in Q1 does not look on the cards for February. 

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DeHavilland can help with your forward planning, by giving you early warning of the key events impacting your sector.

Contact us for a free consultation today to find out how we can help you manage risks and identify opportunities.

Jordan Sullivan, Financial Services & Brexit Policy Consultant
Jordan Sullivan
Financial Services & Brexit Policy Consultant

Jordan provides political monitoring and research to DeHavilland’s financial services clients.