We are supporting other BIDs to back the #RaiseTheBar campaign which calls on the Government to raise the £25k grant rateable value threshold from the current limit of £51k to £150k to help all our businesses within retail, hospitality and leisure sectors.
Matthew Sims, CEO, Croydon BID and co-founder of #RaiseTheBar campaign said, “Access to the RHLG grant is a ticking time bomb for tens of thousands of businesses on our High Streets and in our local communities. There are just eight weeks until rent is due and the prospect of going under is an uncomfortable truth the Government needs to hear and act upon now. The consequences of failing to increase the business rates threshold are to grim to bear.”
Please help and sign the petition here.