Khan calls for urgent support for West End retailers

Sadiq Khan has called on the government to provide financial support for businesses in the West End struggling in the wake of the pandemic. Khan has written to prime minister Boris Johnson warning of a “perfect storm” in central London through a lack of tourists, people working from home and the requirement for social distancing. The New West End Company predicts retailers will lose £5bn in sales this year. The London mayor is calling for direct financial aid for retail, hospitality and leisure, and an extension to the business rates holiday beyond March next year. He said the government should also introduce a support scheme for SMEs that are struggling to meet rent bills, as well as further support for jobs, the self-employed and investment into NHS Test and Trace. Khan said: “In the face of a perfect economic storm, our businesses need urgent and sustained support from government to ensure they can survive this pandemic.” Jace Tyrrell, chief executive at New West End Company, said: “While we have seen a slow increase in footfall, our retail and hospitality businesses require further support in light of shoppers’ concerns. “With few international visitors, the next couple of months will be a defining moment for hundreds of West End businesses and protection of jobs is our top priority.” To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette Photo © Shutterstock