News Article

#RaiseTheBar Campaign

26 April 2020

CH1ChesterBID is calling on the Government to raise the minimum threshold from £51k to £150k to help businesses survive through COVID-19.

These are unprecedented times for our economy at a local, regional and national level. Industry leaders, political figures and Business Improvement Districts (BIDs) are calling on the Government to support businesses within the retail, hospitality and leisure sectors who have a rateable value of more than £51,000.

CH1ChesterBID is backing the #RaiseTheBar campaign asking Central Government to expand the rateable value threshold for all retail, hospitality and leisure businesses from £51,000 to any business with a rateable value up to and including £150,000, allowing businesses the opportunity to access the £25,000 grant in order to survive. This campaign is supported by industry wide bodies that represent over 100,000 businesses across the UK.

Read more at: Marketing Cheshire