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CITYMATTERS.LONDON November 2020 | Page 7 BUSINESS subscribe to our newsletter at citymatters.london The Coronavirus Job Retention Scheme has been extended for a month, with employees receiving 80% of their current salary for hours not worked. In addition, business premises forced to close as a result of the national lockdown – kicking in on 5 November – will receive grants worth up to £3,000 per month under the Local Restrictions Support Grant. £1.1bn is being given to Local Authorities, distributed on the basis of £20 per head, for one-off payments to enable them to support businesses more broadly. Chancellor Rishi Sunak said: “Over the past eight months of this crisis we have helped millions of people to continue to provide for their families. But now – along with many other countries around the world – we face a tough winter ahead. “I have always said that we will do whatever it takes as the situation evolves. Now, as restrictions get tougher, we are taking steps to provide further financial support to protect jobs and businesses. These changes will provide a vital safety net for people across the UK.” So far the furlough scheme has protected over nine million jobs across the UK, and the self-employed have received over £13 billion in support. Businesses will have flexibility to bring furloughed employees back to work on a part time basis or furlough them full-time, and will only be asked to cover National Insurance and employer pension contributions The Job Support Scheme, which was scheduled to come in on 1 November, has been postponed until the furlough scheme ends. Richard Burge, Chief Executive of London Chamber of Commerce, said: “This is a lockdown like earlier this year, regardless of how it’s described, and the financial support given to businesses and workers must reflect that, as we are back firmly in business survival mode. “Details of the support package must accompany the restrictions when put before Parliament next week. “At face value, return of 80% furlough is welcome. Grants must also be made available. Rates must be reimbursed. Bank interest and charges should be suspended and they should be required to offer government-backed loans again. It is time for them to deliver the social obligation they are trying to avoid. “The Government must also urgently provide clear evidence about how they are going to improve Test and Trace, so that we can break this cycle of lockdowns and restrictions. It does not have to be world beating, just simply good enough. “In London, this Government stand-off with the Mayor has to end. There’s no excuse for politics getting in the way of the recovery of the nation’s most valuable economic asset. This isn’t about London being special, it’s about it being essential.” PM Boris Johnson told the nation: “I am under no illusions about how difficult this will be for businesses which have already had to endure hardship this year. I am truly, truly sorry for that. “This is why we are also going to extend the furlough system through November. The furlough scheme was a success in the spring. It supported people and businesses in a critical time. We will not end it. We will extend it until December. “These measures above all will be timelimited, starting next Thursday 5 November. They will end on Wednesday 2 December, when we will seek to ease restrictions, going back into the tiered system on a local and regional basis according to the latest data and trends.” LEGAL & PUBLIC NOTICE LICENSING ACT 2003 NOTICE OF APPLICATION FOR A PREMISES LICENCE PREMISES: Leonardo Royal Hotel London St Pauls, 10 Godliman Street, London, EC4V 5AJ Notice is given that Jurys Hotel Management (UK) Ltd has applied to City of London Corporation for a Premises Licence under the Licensing Act 2003. The proposed licensable activities are: 1. The sale of alcohol 08.00 to 03.00 daily (hotel residents and bona fide guests 24 hours); 2. The Performance of Plays, Films, Indoor Sport, Boxing/Wrestling, Live Music, Recorded Music, Performance of Dance and anything similar 08.00 to 03.00 daily (films may be shown in hotel bedrooms 24 hours); and 3. The provision of late night refreshment from 23.00 to 03.00 daily (hotel residents and bona fide guests 24 hours). Anyone who wishes to make representations regarding this application must write to City of London Licensing Team Markets and Consumer Protection PO Box 270 Guildhall London EC2P 2EJ Representations must be received by 25 November 2020. The register of Licensing Applications can be inspected by appointment or at www.cityoflondon.gov.uk It is an offence on summary conviction to knowingly or recklessly make a false statement in connection with this application, the maximum fine for which is unlimited. JOB RETENTION REMAINS PRIORITY Using the roads around Old Street? OLD STREET EC1 LONDON BOROUGH OF ISLINGTON Check your travel We’ve changed the road layout, so please take extra care as it’s different to before. We’re working with Islington and Hackney councils to create a better environment for those walking and cycling. To check your travel and find out more visit tfl.gov.uk black 11 mm clearance all sides white 11 mm clearance all sides CMYK 11 mm clearance all sides

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