Covid-19 Business Support
Government Grant and Relief Schemes
All local authorities are awaiting guidance on how the new scheme will operate from central government. Details will be provided on the Council’s website as they become available from central government.
The Governments Retail Hospitality & Leisure Grant Scheme and Small Business Grant Scheme have now come to an end (28th August 2020). In total Westminster City Council have administered grants to approximately 5690 eligible businesses. The total amount of grant-funding administered by Westminster City Council is approximately £100m against an initial allocation from central government of £78m. Since the government announced its business support measures at the start of April, over £1.56bn has been distributed via over 107,000 grants by London boroughs.
Through the City Council’s Local Discretionary Scheme the Council received 1,463 applications and made 492 awards from an allocation of £4,920,000 from Central Government.
If you are a hospitality, leisure, retail or nursery business central government has announced a 12-month business rates (NNDR) holiday for the 2020 to 2021 tax year. If your business occupies a property in the retail sector, or in the leisure or hospitality sectors you will be eligible for the 100% discount on your business rates bill.
For the latest guidance please visit here.
On 31 October, it was announced that the Job Retention Scheme (furlough) will be extended until December 2020. The Job Support Scheme which was due to start on 1 November 2020, has been postponed until December. Employers small or large, charitable or non-profit, are eligible for the extended Job Retention Scheme, which will continue for a further month. Employees will receive 80% of their current salary for hours not worked, up to a maximum of £2,500. Businesses will have flexibility to bring furloughed employees back to work on a part time basis or furlough them full-time, and will only be asked to cover National Insurance and employer pension contributions which, for the average claim, accounts for 5% of total employment costs.
The Job Support Scheme, which was scheduled to come in on Sunday 1st November, has been postponed until the furlough has ended.
The Self-employment Income Support Scheme Grant (SEISS) has been extended. It aims to support self-employed individuals whose income has been negatively impacted by COVID-19. The scheme extension provides support to the self-employed in the form of two grants, each available for three month periods covering November 2020 to January 2021 and February 2021 to April 2021. For more information on the scheme please visit here.
Anna Meredith is a composer, producer and performer of both acoustic and electronic music and has been described as ‘one of the most innovative minds in modern British music’ (Pitchfork).
Caroline Williams is an artist working in multi-disciplinary participatory performance.
Mel Brimfield’s lively and diverse visual art practice takes a skewed and tangled romp through the already vexed historiography of performance, appropriating theatrical and mainstream entertainment formats and genres to appraise the use and value of received cultural hierarchies.
Gareth Pugh is an English-born fashion designer who has received global recognition for his approach to redefining modern luxury.
Unmade started life as a team of three young designers who became residents of Makerversity in 2013 to develop their plan to use industrial knitting machines as 3D printers for clothes.
Business Information Points
Our Business Information Points provide business support events and high quality information, in a welcoming environment, free of charge.
Great Western Studios
Great Western Studios is a 60,000 sq ft facility – one of London’s best enterprise spaces and home to more than 300 creative industry practitioners.
Impact Hub Westminster
From the outset, Hub Westminster has placed a great importance on its role to host people, organisations, networks and movements, across a diverse range of sectors. It has been embraced wholeheartedly by a broad range of different sectors, providing an energetic environment that encourages innovation and creative new approaches to doing business.
Maida Hill Place
Maida Hill Place is a first of a kind space in London designed to support food entrepreneurs.