Support for Businesses

The Chancellor has set out a package of measures to support businesses during the disruption caused by COVID-19.

The package includes:

The Bank of England has also cut the Bank Rate to 0.1%. It has taken further measures to help ensure that this rate reduction will translate through to the real economy and that capital will be available for new lending. 

No business will be forced out of their premises if they miss a rent payment in the next three months. Further information about this can be found here.

The Government has provided financial support in the form of grant funding designed to help smaller businesses which is being administered through Local Authorities. Links to local authority pages are below.

The guidance on support available for businesses published by the Department for Business, Energy and Industrial Strategy can be found here.

Further information for businesses can be found at:

See Also

Coronavirus (COVID-19)

Understandably, lots of people have been getting in touch about Coronavirus (COVID-19). It is important that we all continue to follow official public health guidelines and remain calm.

Coronavirus Scams

Coronavirus (COVID-19) has unfortunately been seen by some criminals as an opportunity.

Many of us are feeling more vulnerable than we normally would. Criminals are playing on this for their own financial gain.

Guidance for Employees

The government has announced a package of measures to protect jobs and incomes as part of the national effort in response to Coronavirus, COVID-19.

Guidance for the Self-Employed

Millions of people across the UK could benefit from the new coronavirus (COVID-19) Self-Employed Income Support Scheme, with those eligible receiving a cash grant worth 80% of their average monthly trading profit over the last three years, up to £2,500 per month.

Renters and landlords

In response to the financial impact of the Coronavirus  the Government has announced a package of protections for renters and landlords.

Support for Businesses

The Chancellor has set out a package of measures to support businesses during the disruption caused by COVID-19.

The package includes:

Supporting Those Most In Need

A huge number of people across the Two Cities have volunteered to help those in need across London. You can find out more how you can help here.

Travel Advice

The Foreign & Commonwealth Office (FCO) now advises British people against all non-essential travel worldwide. This advice took effect immediately on 17 March. 

Two Cities Business Directory

Since the beginning of the pandemic, local MP Nickie Aiken has been keen to promote services and facilities available to people living in the Two Cities.

Volunteering in the Cities of London & Westminster

Hundreds have of local people have already offered their time to both Westminster City Council and the City of London Corporation to help them look after our constituency’s most vulnerable. Both authorities though are still looking for more volunteers if you would like to get involved.