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.

New Business Improvement District proposed

Peter Dunphy, Councillor for Cornhill and member of the City’s Planning & Transportation Committee introduces us to a new plan for business co-operation in Cornhill.

The Western part of Cornhill is already covered by a successful Business Improvement District – the Cheapside Business Alliance. This includes the area west of Finch Lane, the whole of the Royal Exchange complex stretching as far as St. Pauls. There is now a plan to develop a BID in the rest of the Ward including Old Broad Street, Threadneedle Street, Bishopsgate and Gracechurch Street and Cornhill itself. These will be joined with the whole of the ‘Eastern Cluster’ area of tall buildings, Leadenhall Market, Monument and as far as Fenchurch Street station.

Easter Cluster Partnership


The intention would be for businesses, developers and the city of London to work together to enhance the public realm within the area to include streets and walkways enhancements, work to improve air quality and organise events to improve the experience of workers, visitors and residents. Importantly the partnership would provide the area with a combined voice when discussing important matters with the local authority and other public sector bodies.

Key objectives for the area will look to focus on the following:

  • People
  • Economic
  • Environment
  • Future attractiveness and competitiveness
  • Smarter City

All businesses in the area will be consulted on the plan and invited to participate in a ballot. If approved the partnership is funded by a small levy on business rates. Discussions are at an early stage – including relating to precise boundaries, funding and even the name. any suggestions are welcomed and I will keep you updated on developments in the newsletter, the website and twitter (@cornhillward).

Cornhill on Twitter

Joining our website on social media is our Twitter account @cornhillward which aims to keep workers, residents and visitors updated with news from the City of London including relating to our support for financial and professional services as well as updates on planning and transportation issues and news from local businesses including our great restaurants, bars and shops.


‘Easter Cluster’ consultation

The City of London Corporation is seeking to enhance
the streets and public spaces in the Eastern Cluster of the City (The cluster of new tall buildings in the area East of Bishopsgate and Gracechurch Street). Eastern cluster

The vision is to create an exceptional urban environment
which is attractive, welcoming and vibrant.

We want to hear your views on the proposals by responding a short questionnaire.


More information can be found on the dedicated website

Consultation Sessions:


5:00-8:00 pm

25 June – 2018


12:00-2:00 pm

28 June- 2018


12:00- 2:00 pm

4 July – 2018


12:00- 2:00 pm

6 July – 2018

Ward Club Annual Civic Dinner

Cornhill represents one half of a very active Ward Club the Lime Street and Cornhill Ward Club . This year with Lime Street’s Alderman Charles Bowman  the current Lord Mayor, we had a very special annual dinner at the Mansion House on 13th June. Guests of honour included the Ward Club Master Daphne Cave and guest speaker Murray Craig Clerk of the Chamberlain’s Court at Guildhall. Cornhill Alderman Robert Howard attended together with Common Councilmen Peter Dunphy and Ian Seaton. Contact Peter Dunphy if you would like to get involved in the club or future events.

Pictures clockwise from top right: Lord Mayor Charles Bowman; The dinner in the Egyptian Hall; The Ward committee including Master Daphne Cave (5th from left) and Alderman Robert Howard (second from right). The arrival of the Lord Mayor and Sheriff Tim Hailes; Cornhill Councilman Peter Dunphy.

New retail ‘Avenue’ in Cornhill at Tower 42

Tower 42 invests £50m to launch new retail boulevard


The Avenue is a pedestrian walkway bordered by retail units which wraps around the Tower 42 building, connecting Old Broad Street to Bishopsgate.

The new 77,000 square feet (sq ft) of retail space includes outlets like Joe and the Juice, Marks and Spencer, the restaurant and bakery Paul and gastropub Broadleaf.

“The City is crying out for more quality retail space,” said Philip Lewis, CEO of the Tower 42 Estate. “The Avenue responds to this and provides the occupiers on the Estate and in the surrounding area with modern amenities.

“There are more than 4,000 people working here on the Estate so the new retail has a ready-made on-site catchment of customers, which is further enhanced by other offices and businesses nearby.”

Tower 42 estate already manages 500,000 sq ft of office, retail and leisure spaces including the newly opened 15 Bishopsgate which was pre-let to co-working company WeWork and is home 1,000 people.

The Tower 42 building was originally opened in the mid-1980s as the NatWest Tower, designed by architect Richard Seifert. At 182 metres, it was Britain’s first skyscraper and held the title of the tallest building in the City for 30 years

(Article by Oscar Lopez for CityAM. Oscar is a reporter covering property, markets, alternative investments and technology)

Link to Article in CityAM