Mayor Boris reveals boost for riot hit businesses in East Ham
Riot-hit small businesses are to get a �3million lift to help them return to normality after the London riots.
The crisis fund for shops damaged in the disturbances were revealed in Newham today.
London Mayor Boris Johnson unveiled the scheme during a visit to High Street North, East Ham.
The ‘High Street Fund’ will hand out cash grants to firms struggling to get back on their feet after widespread disorder interrupted trade, earlier this month.
Mayor Johnson visited shops in High Street North, between the junction with the police station in Barking Road and East Ham Tube station on Station Parade.
You may also want to watch:
A total of �3 million is available for business which apply. No repayment is required, as the money is free and is not a loan.
Around �2.5 million was donated by big-name banks, including RBS and Lloyds - bailed out by taxpayers during the 2008 banking crisis.
Most Read
- 1 The Boleyn Tavern in East Ham to welcome back punters after £1.5m restoration
- 2 Dagenham & Redbridge interested in former Leyton Orient full-back Sam Ling
- 3 Arrests in Ilford and East Ham as police target suspected county lines gang
- 4 11 films and TV shows shot in Newham
- 5 Looking back: five years since West Ham United left the Boleyn
- 6 Exploding aerosol cans 'contributed to rapid spread' of Silvertown blaze
- 7 US burger chain Wendy's set to open first London restaurant in Stratford
- 8 Primary school recognised for supporting pupils' mental wellbeing
- 9 Plaistow woman shaves her head for charities
- 10 Richard House Children's Hospice sensory garden equipment stolen
A further �500,000 was contributed by City Hall toward the effort.
“I have seen at first hand businesses showing remarkable resilience and true fighting spirit,” said Mr Johnson.
“However, it is no secret that many high streets in the capital are still suffering as a result of the appalling events earlier this month.
“Small businesses need urgent help to repair damage and get goods back on the shelves and the High Street Fund will help to do just that.
“I have absolutely no doubt that if we pull together and give our support to the fund we can ensure that London emerges as a stronger and even more prosperous city than before.”
Boris met with businessmen and women who backed the campaign.
If your business could use a slice from the cash pot, apply at: http://www.thehighstreetfund.co.uk/howtoclaim.htm
