Business Improvement Districts across the country are calling on the Government to expand the rateable value threshold for all retail, hospitality and leisure businesses from £51,000 to any business with a rateable value up to and including £150,000 in these sectors, allowing further businesses the opportunity to access the £25,000 grant.
Raise The Bar is a collective national campaign led by Croydon BID designed to support the people that work for and run businesses in the retail, hospitality and leisure sectors. Across the UK, there are individual, personal concerns and uncertainties surrounding the economy and the effect that COVID-19 will have on them. In amending the rateable value from £51,000 to £150,000, we not only save businesses but we also save job.
As part of the campaign, Croydon BID has written to the Secretary of State for Business, Energy and Industrial Strategy Rt. Hon. Alok Sharma MP.
We are calling on businesses to show their support for the retail, hospitality and leisure sectors by signing the letter, which takes just 1 minute.
The campaign has been run collectively with support of Collectively with the support of UK Hospitality, Greater London Authority, Night Time Industries Association, British Beer and Pub Association, BID Foundation, British BIDs, ATCM, Music Venue Trust, Association of Convenience Stores, Cocktail Pub Company and Croydon Council,
For more information visit www.raisethebarcampaign.com
