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ACS urges government to continue its support beyond the pandemic

ACS urges government to continue its support beyond the pandemic Print 17th May 2021 The Association of Convenience Stores is calling for the government to ensure that support for local shops is extended beyond the pandemic to enable recovery and growth in the convenience sector. The trade association was responding to an inquiry into jobs, growth, and productivity after the pandemic. The inquiry was launched by the House of Commons Treasury Select Committee to examine how the government can reduce and mitigate damage to the labour market and how to improve productivity to support economic growth after the pandemic. In its submission, ACS has made a number of key recommendations, including:

Capitalism is broken – we need the Government to fix it

Capitalism is broken – we need the Government to fix it Contrived scarcity is putting home ownership out of reach for a rising share of young families Back in May 2019, Economic Agenda warned the Western world faced a new “gilded age”. That name derives, of course, from an 1873 Mark Twain novel – which satirised the greed and decadence of late 19th century America. Twain told of an era of monopolies, exploitation and corrupt links between political and business elites. His coruscating tale was, above all, a warning of what happens when capitalism ceases to work. For the super-rich, gilded America was about vast wealth, sprawling estates and grotesque opulence. Pretty much everyone else had to scratch out a living, suffering if not grinding poverty, then economic subservience and financial insecurity.

Labour peer John McFall elected new House of Lords Speaker

Labour peer John McFall elected new House of Lords Speaker Kate Devlin © Provided by The Independent A Labour peer who led a parliamentary inquiry into the 2008 financial crisis has been named the new speaker of the House of Lords. Lord McFall of Alcluith was elected by his peers. He will replace Lord Fowler, the Conservative peer and former health secretary, at the start of next month. Lord McFall said the Lords faced some “fundamental challenges”, the most immediate of which was how to return to Westminster in greater numbers once the current lockdown restrictions are relaxed. He added: “The valuable and often unheralded work of the House of Lords and its members contributes to improving the lives of millions of people, but I know we need to do more to tell our story and to explain the value that we bring.

Lord McFall of Alcuith Has Been Confirmed As New Lord Speaker

Lord McFall of Alcuith Has Been Confirmed As New Lord Speaker John McFall, Baron McFall of Alcluith PC, has been elected as the new Lord Speaker (Alamy) 21 April Lord McFall of Alcuith has been elected as the new Lord Speaker, following Lord Fowler’s early resignation announced in February 2021. McFall, a Labour and Co-operative MP in Dunbartonshire from 1987 to 2010, first joined the House of Lords in 2010. He has served as Senior Deputy Speaker of the House of Lords since 2016, overseeing work to restructure Lords Select Committees and to develop new procedures for hybrid working during the pandemic. McFall has said that he wants the Lords to be a “a vibrant, outward-facing legislature that reaches out as widely as possible across all parts of the United Kingdom”.

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