The Queen’s Speech is promising for retailers, says BRC

The British Retail Consortium has passed its verdict on yesterday’s Queen Speech.

The trade body praised the speech for its focus on Brexit and for aiming to communicate to businesses.

Of the 27 bills proposed in the speech, eight related to tackling Brexit and its implications for key industries.

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Responding to the Queen’s speech, BRC chief executive Helen Dickinson said: “In very uncertain times, retailers will be encouraged that the Government is seeking to reach out to business.

“It’s right to focus on Brexit. The retail industry’s biggest priority is to work alongside the Government to secure a fair Brexit for consumers. This means ensuring that ordinary shoppers aren’t hit with the cost of unwanted new tariffs and the UK is able to build new trading relationships with the rest of the world in the long-term.

“In particular, we will seek to work with the Government on the new Trade Bill, which will help in the development of international trade relationships and the Immigration Bill.”

On employment, Dickinson said retailers support the introduction of the National Living Wage but are clear that further increases must be moderate, taking into account broader economic conditions.

“Reforming the technical skills system is a welcome step in tackling the UK’s skills shortages,” she said.