London mayor Sadiq Khan has written to housing secretary Robert Jenrick calling for an extension of the business rates holiday for retail and hospitality businesses in the capital.
In a joint letter with the chair of London Councils, Khan called for an extension of the holiday, which was introduced at the beginning of the coronavirus crisis and is due to expire on March 31, 2021.
In the letter, Khan said such a move would be a “lifeline” for London-based retailers, hospitality businesses and leisure operators that have been hit particularly hard by falling footfall and the collapse of international tourism as a result of the pandemic.
Khan also used the letter to request that Jenrick support London businesses via the Local Restrictions Support Grant and discretionary grants, by tailoring the relief to take specific account of rental and rateable values in the capital.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.