#RaiseTheBar to Save Our High Streets
Your favourite pub, restaurant, cafe and shop need your help!
Thousands of businesses in the retail, hospitality and leisure sector lie above the current rateable value threshold to access the £25,000 grant.
Love Wimbledon is supporting a national campaign, #RaiseTheBar, which believes access to the £25,000 grant is the difference between survival and bankruptcy for businesses on High Streets across the country. The grant will enable businesses to mitigate significant challenges relating to stock losses, cashflow and rent. Many businesses are not in a position to take on further debt or have serious misgivings about being able to survive the recovery and service loans. Other cash pressures include suppliers, service charges and the cost of re-opening to repurchase stock and ongoing running costs.
By increasing the threshold from £51,00 to £150,000 an additional 180 businesses in Wimbledon would be supported, representing 5,600 jobs and around 30% of the employment in the town.
You can help the businesses in Wimbledon Town Centre.
Please SIGN THE PETITION and share widely.
“Teokath of London has built up a reputation as one of the best bridal retail shops in the UK. We are about delivering on the dreams of our brides and feel a massive responsibility to making sure they have their once in a lifetime dress. It means everything. Our business is our family, we all live, work and breath it – it’s our passion. With no income, we need access to a grant to pay suppliers and give us the breathing space we need to survive – without it we face the daunting prospect of folding.”
– Steve Sotiriou, Teokath of London (Wimbledon)