All Change at Bank project Consultation Open

The All Change at Bank project, which was made permanent in September 2018 follows the Bank on Safety scheme, restricts traffic through Bank Junction to improve safety.

Between January and June 2020 temporary improvements were installed including wider footways, wider and shorter pedestrian crossings and enhance cycle advanced stop lines in order to ease the pedestrian congestion whilst further work was undertaken on a longer-term project.

The All Change at Bank project looks at the future of the area around Bank Station which will re-open at the end of 2022 after an upgrade. The City of London Corporation wants to improve the pedestrian environment and provide a fitting setting for the iconic buildings at the heart of the Square Mile​.

The area has seen significant pedestrian and cycling growth in recent years which the physical environment does not reflect. With expected continued growth from nearby developments and the station capacity upgrade, the project aims to deliver change at the junction by the end of 2022 by:

  • Continuing to reduce casualties by simplifying the junction
  • Reducing pedestrian crowding levels
  • Improving air quality
  • Improving the perception of place, as a place to spend time in rather than pass through​

Consultation is open now – follow this link to take the survey

City Corporation to launch new Covid Business Recovery Fund for Square Mile SMEs

A new Covid Business Recovery Fund of up to £50 million will launch next Monday (12 April) after it was agreed by the City of London Corporation.

The design of the fund – which was agreed by the Policy and Resources Committee today following an earlier decision by the Court of Common Council to establish it on 4 March – will support SME businesses which contribute to the Square Mile’s vibrancy at street level and directly provide services to returning City workers, visitors and residents. It aims to support those businesses that can evidence, through the grant application process, a likelihood that with support they have a reasonable chance to survive beyond the short-term.

Applicants will need to demonstrate that they provide an in-person service to the general public in either the retail, hospitality, medical or leisure sectors. Other requirements will include that the business: has had its trading premises in the City of London since at least 20 March 2020 with businesses that have signed leases prior to this date being eligible; has taken steps to reduce its costs as far as practical and has taken up all available grants/loans; has actively engaged with its landlord and agreed a rent-free period or a reduction in rent; and pays the Living Wage.

Grants will be based on individual requirements after a financial evaluation but will not exceed £100,000 per business. Applications will be accepted between 12 April and 11 June 2021. Funds will be awarded on a first come, first served basis. If the level of grants awarded exceeds the allocated funding, then the scheme will be closed with immediate effect.

An online portal has been set up to take applications and will go live from 12 April. Businesses can find further information on the fund and apply from Monday here. The City Business Library will provide support to any applicants unsure how to use the portal.

Campaigning to help local business during the pandemic

Peter Dunphy has campaigning across a number of areas to help local businesses particularly those left out of government COVID-19 relief schemes.

  • The Raise the Bar Campaign to increase the rateable value threshold (from 50 to 150K) for businesses to apply for rate relief grants. This is particularly harsh on London businesses where rateable values are higher. This initiative backed by the GLA has now been adopted by the City after lobbying by Peter and other members of the Council.
  • The City of London is now backing a campaign supported by Peter to include independent healthcare businesses within support schemes. these businesses which include dentists, physiotherapists, podiatrists and osteopaths have endured enforced closure and government rules that exclude them from relief schemes. This is unfair and must change.
  • Support for serviced office users without rateable value calculations. These businesses pay rates indirectly through their service charges yet are excluded from rate relief schemes. We are lobbying the government for more help as well as asking serviced office providers to be as helpful as possible to their licence holders.
  • Licensed premises have been closed down but under current legislation the local authority is obliged to continue to charge fees and levies including the late night levy even though no activity is possible. Again we are seeking a change in this legislation to allow a reversal of these charges.

For more information about these campaigns get in touch with Peter Dunphy

 

 

Peter Dunphy appointed Ward Deputy

Peter Dunphy who was first elected to represent Cornhill ward in 2009 has now been appointed Ward Deputy. The Deputy is the senior Common Councillor and is appointed by, and acts to deputise for, the Alderman.

“I’m delighted to take up this role and would like to thank Stephen Haines for over 10 years service in this role. Stephen encouraged me to stand for the Council in the first place and I will be forever grateful for his encouragement and support. He has been a diligent and   hard working Deputy in close touch with the residents and businesses of the Ward”

Peter Dunphy (-®ElyseMarks) 005 (cropped) (4)

Deputy Peter Dunphy CC

City Corporation supports Black Lives Matter campaign

In response to the death of George Floyd, the City of London Corporation has today (4 June) published the following joint statement.

We are shocked and saddened by the senseless death of George Floyd.

The City of London Corporation is committed to equality, inclusivity and diversity and we stand in solidarity with BAME colleagues and communities.

We understand it is not enough to say we are against racism but we have to work to eradicate all forms of racism in all that we do.

This is why we have signed the Race at Work Charter and we aim to be a leader in diversity and reflect the communities we serve across London and the UK.

We pledge to fulfil our responsibility to create a fair and inclusive society.

Black Lives Matter.

Lord Mayor of London William Russell

Policy Chair Catherine McGuinness

Establishment Committee Chair Edward Lord

Police Authority Board Chairman James Thomson

Further COVID-19 Advice for businesses from the Lord Mayor and the Chair of Policy

Dear Business Owner,COVID-19 businesses advice

We hope you are keeping safe and well in these difficult times. We are all in a very different environment both in terms of work and home life. It is extremely important to us that our businesses have the right information at the right time, which is why we are writing to you.

Preparations are underway to assist with the economic recovery of the City. We are working closely with the government, the Mayor of London, London Boroughs, Transport for London and major business organisations, to prepare for a further gradual relaxation of the lockdown measures in the City.

We know how important it is for businesses to be confident that their employees and customers will be able to travel into and around the City safely. We are looking at options to increase space available to assist with social distancing measures, advice for queues management for shops, and how to accommodate and increase in the number of people who choose to cycle.

Central Government has published guidance on how to maintain safety in the workplace, including offices. For those properties where we are the landlord, we are in discussions with managing agents and tenants about the safe use of the buildings. We do not anticipate an immediate return to normal, with large numbers of people returning to the City as the lockdown restrictions are lifted, and encourage businesses to think about how they can continue to operate with fewer people in the workplace and stagger journeys to and from work.

 

Central Government has provided consolidated information to support business in response to this pandemic. This information can be found at https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19#support-for-businesses-that-pay-business-rates. However, as the situation progresses the City is are becoming increasingly aware of businesses/sectors that are not provided for within pre-existing schemes. We continue to raise these concerns with Central Government and would like to encourage you to contact your local Common Councillors with any matters we may usefully bring forward in these discussions. You can find the details of your local Common Councillors and Ward Aldermen here: http://democracy.cityoflondon.gov.uk/mgMemberIndex.aspx?bcr=1

Based on guidance from Central Government, the City Revenues Team has now awarded the 100% retail relief to those occupied properties that are eligible to receive the Enhanced Retail Relief and Small Business Rates Relief in the 2020/21 financial year. We continue to make business rate grant payments to all eligible businesses and we have now paid around 90% of the money allocated to us by government. Revised bills showing the adjustment have been issued. More information, including information for Serviced Offices and how to contact the team, can be found on our Business Rates webpage: https://www.cityoflondon.gov.uk/business/business-rates/Pages/default.aspx

 

We will be providing updates and information on our plans for the City on our dedicated COVID-19 Advice for Businesses website https://www.cityoflondon.gov.uk/business/support-promotion-and-advice/Pages/covid-19-advice-for-businesses.aspx and via social media @cityoflondon. Our website features a range of information on topics such as latest government advice, business grants schemes and updates on support offered by the City of London Corporation. It also provides links to related areas such as parking for key and non-key workers, and other helpful advice and information from Business and Trade Associations.

The City of London Corporation will continue to keep you updated as the situation develops and as we move through a relaxation of the lockdown.

Alderman William Russell, The Rt Hon The Lord Mayor
Catherine McGuinness, Chair of Policy & Resources

Covid-19 Advice for businesses and residents

* The City of London Corporation and its officers are taking a key role in the London wide response
* A £1 million contribution has been made towards the London Communities Response Fund
* As of last weekend emergency accommodation was made available to all rough sleepers
* A 100% relief has been applied to eligible retail and leisure business ratepayer accounts where businesses have had to temporarily close.
* Relief for businesses directly renting property from the City of London Corporation that have had to close.
* The City of London Police which leads nationally on fraud is focusing on identifying and closing down a number of online and email scams that have appeared.
The City of London continues to operate with many staff working from home, online meetings etc. but with essential services such as refuse collection, policing and social services operating as normally as possible.