The British Retail Consortium (BRC) and the British Shops and Stores Association (BSSA) are calling for their members to take part in a survey the BRC is conducting on behalf of the Treasury about credit conditions and credit insurance issues in the retail sector.
The Treasury is keen to establish the impact of and depth and scale of credit conditions issues across the retail sector and approached the BRC to help it carry out its research.
The survey takes just a few minutes to complete and if the Treasury is able to quantify the impact on retailers it could pave the way for future support or regulatory reform for the retail sector.
The survey, which is completely confidential, also feeds in to the BCIA Credit Insurance Campaign Drapers has been supporting. On Friday the BCIA wrote a letter to Peter Mandelson, secretary of state for business, enterprise and regulatory reform and sent a dossier of evidence of how the withdrawal of credit insurance was impacting suppliers, manufacturers and wholesalers in the sector, including how it has led to job losses.
The BCIA hopes to persuade the government provide suppliers with a form of credit insurance.
Please support the BRC and BSSA’s efforts and complete their short online survey. The more evidence we can gather as a sector the better the likely outcome.
Please complete the survey before this Friday, April 10.