Rt Hon Rishi Sunak MP
Chancellor of the Exchequer HM Treasury
Rt Hon Alok Sharma MP
Secretary of State for Business, Energy and Industrial Strategy Department for Business, Energy and Industrial Strategy
Dear Rishi and Alok,
Date: 7 May 2020
The Government’s unprecedented business support package has helped many businesses survive the lockdown so far and, as you know, I support the Government in these actions. However, I have concerns, shared by business groups across the capital, that many London firms will need additional and ongoing support to survive the continuing lockdown and the exit and recovery periods which will follow. Many face crippling rent bills and are unable to qualify for the financial assistance on offer, in part due to the higher rateable values of property in the capital.
I last wrote to you both on 13 April about gaps in provision for self-employed Londoners and look forward to...