Ilkley BID is joining a nationwide call to the Government to support retail, hospitality and leisure-based business with a rateable value of more than £51k.
The #RaiseTheBar initiative is campaigning to raise the rateable value threshold from £51k to £150k for thousands of shops, pubs, clubs, restaurants, hotels and leisure businesses across the UK to allow access to the £25k Retail, Hospitality and Leisure Grant introduced following the Covid-19 outbreak.
Helen Rhodes, Manager of Ilkley BID Ltd, said: “It has already been reported that Ilkley has been identified as one of the towns with a significant proportion of businesses in the retail, hospitality and leisure sectors. While many of our smaller businesses have received government grants, we have many who have fallen outside the criteria of the current scheme, including some of our larger independent businesses. The risk is not only to the businesses but also to the many people employed within them.
“That is why many of the Business Improvement Districts across the UK are supporting the #RaiseTheBar campaign and asking Government to increase the retail, hospitality and leisure rateable value threshold from £51k to £150k. In doing so, more business will have access to a £25k grant supporting their fight to survive and to allow them to play their central role in kick-starting our economy.”