Coronavirus: What support is available for Hatton Garden businesses?

The latest from Hatton Garden BID and Camden Council

*This article was last updated 20th March 2020*

As we continue to adapt to the ever-changing picture that is the coronavirus crisis, we wanted to update you on what exact support is available to Hatton Garden businesses from both the government and Camden Council. The main thing to know is that you are supported, and Hatton Garden BID are working closely with the Council to alleviate some of the pressure that's currently being felt by lots of our valued local businesses.

If you have any specific questions or concerns that you'd like to share with Hatton Garden BID, please contact Sarah on [email protected]

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What are Camden Council offering to support businesses in Hatton Garden?

If you’re struggling to pay your business rates, you can call Camden Council so that they can discuss alternative options with you. You can reach them on 020 7974 6460.
Camden are applying the 100% business rate discount for retail, hospitality and leisure businesses for 12 months automatically, and will write to you shortly with a revised bill.
We're all awaiting further guidance on the cash grants referenced by the Government for small businesses. As soon as Camden know more on this they will write again to eligible businesses; and we will also inform you.
Camden are speaking with their Business Board and the Federation of Small Businesses about the support neeeded, and again will update you as soon as they can.
Camden are contacting their commercial tenants and will provide support to those facing difficulties in paying their rent.
You can let Camden know exactly what you need in the short and long term by completing a survey at camden.gov.uk/business-coronavirus-form.

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This is what the Government is doing:

Tax: If you or a member of your workforce are worried about being able to pay tax as a result of coronavirus, call HMRC’s dedicated helpline on 0800 0159 559.
Statutory Sick Pay will be available from day one rather than day four and if you employ less than 250 people, the cost of providing 14 days of Statutory Sick Pay per employee will be refunded in full by the Government.
Insurance: If you manage a pub, club or a theatre and have an insurance policy that covers you for pandemics, you’ll be able to make a claim.
The Coronavirus Business Interruption Loan Scheme will support lenders to offer loans up to £5 million with no interest due for six months.
If any of your employees have a zero-hours contract, please let them know they’ll be able to access Universal Credit and the new Employment Support Allowance.
Mortgage lenders will support customers who are experiencing financial difficulties by giving them mortgage holidays for up to three months.

We expect further announcements from the Government, so check camden.gov.uk/coronavirus for the most up to date information.

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How can Hatton Garden BID help you?

At Hatton Garden BID we are also working our hardest to support our valued local businesses and keep you all in the loop with the latest advice, guidance and developments that might impact you. We appreciate how tense a time this is for our community of both well-established and independent businesses. Rest assured we will continue to do all we can to help you through.

To connect with other local businesses, pool resources, share stories and advice and support your Hatton Garden neighbours, join our private Facebook Group exclusively for Hatton Garden BID members.

To notify the BID of adjusted opening hours, new service offerings, positive community initiatives or skills / business support you're able to offer other local businesses in the area, please contact [email protected] so we can help you communicate your news.

For any specific questions or concerns that you'd like to share with Hatton Garden BID, please contact [email protected]

Follow us on Twitter @HattonGDN for the latest news and updates from the council, government and local area; and keep an eye on your inbox for tips, advice and guidance from us.

We'll get through this together - and we're right here if you need us.

From the Hatton Garden BID team

Coronavirus: What support is available for Hatton Garden businesses?

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