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‘Bounce Back’ plans in place to help UK retail sector

New measures are being put in place by the UK government to help the retail sector recover from the effect of the COVID-19 pandemic, including support for developing online retail channels both in the UK and internationally.

Export minister Graham Stuart MP announced the government’s latest ‘Bounce Back’ plans to the digital audience of Autumn Fair @Home last week. These include a new Consumer and Retail Export Academy, with digital resources, webinars and regional coaching.

The plans reflect the massive expansion of online retail over the past decade and its acceleration this year in particular.

“We recognise that Coronavirus has brought challenges to many industries, not least the consumer and retail sector, where so much depends on face-to-face interactions. This package of support will give businesses the helping hand they need to adapt their methods and thrive in the future,” Graham told Autumn Fair @Home attendees, adding that: “The retail industry is a key pillar of the UK economy.”

Graham also outlined long-term support for the retail sector with potential export opportunities arising from trade deals being negotiated with the US, Japan, New Zealand and Australia.

Julie Driscoll, UK regional director for Hyve Group (organiser of Autumn Fair and Spring Fair) commented: “We are thrilled to be working in collaboration with the UK Government and the Department for Trade on their plans to reinvigorate the UK retail industry.”

More information about the plans can be found on the UK government website.

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