London Daily

Focus on the big picture.
Thursday, Mar 26, 2026

New job support 'not adequate' for London businesses say West End landlords

New job support 'not adequate' for London businesses say West End landlords

From November, under Tier 2, workers will have to do at least 20 per cent of their hours to get 73 per cent of their normal wages

One of the West End’s biggest landowners fears businesses are still “doomed” this winter, despite new help announced today by the Government.

Soho Estates managing director John James also called on the Government to end the 10pm curfew and allow households to mix, in order to “save” businesses this winter.

Chancellor of the Exchequer Rishi Sunak today (October 21) updated the Job Support Scheme, designed to help hospitality and leisure businesses in Tier 2 areas such as London.

Currently, under Tier 3, the Government will pay 67 per cent of workers’ wages and the employer won’t pay anything. So the employee gets a 67 per cent wage.


John James, managing director of Soho Estates, says the Government needs to offer more to support West End businesses. Image provided by Soho Estates


From November, under Tier 2, workers will have to do at least 20 per cent of their hours to get 73 per cent of their normal wages. The employer would pay 24 per cent of their wage and the Government would pay 49 per cent.

This replaces the furlough scheme, which this month has seen the Government pay 60 per cent of employees’ wages, and the employer pay 20 per cent. But staff aren’t allowed to work.

Mr Sunak also announced cash grants of up to £2,100 a month for firms in Tier 2 areas, which could also be claimed retrospectively for August and September. These will be distributed by local councils.

The news was welcomed by parts of the hospitality industry in other parts of the country.

Kate Nicholls, CEO of UK Hospitality, which represents the sector, called it a “generous package of support, which will make a huge difference in safeguarding hospitality jobs”.

But Mr James, whose company owns 22 restaurant units in Greek Street, Old Compton Street, Frith Street and Dean Street, called the Chancellor’s announcement “not adequate”.

He said: “The furlough scheme, the VAT break and Eat Out to Help Out saved a lot of jobs, they were a godsend for restaurants. And with the al fresco dining, Soho became a business centre again.

“But elsewhere in central London it’s still desolate. If the Chancellor gives a business £2,100 as a grant per month, I’m afraid that goes so little of a way to help businesses in Soho. I never know how they get to these amounts of money.

“The Job Support Scheme is not adequate. But what would be more adequate is stopping the curfew [10pm]. Groups of six are not going to stay outside when the weather is cold, and people from one household aren’t going to go out to Soho.”


Asher Grant, co-owner of Reign Nightclub In Piccadilly Circus. Image provided by Mr Grant


Meanwhile, Asher Grant, co-owner of REIGN nightclub in Piccadilly Circus, said the new funding would be a “drop in the ocean” for nightclubs.

As a member of a new campaign #SaveNightclubs, Mr Grant said: “[It] doesn’t even begin to tackle the £100,000s nightclubs and late night venues have had to pay out in rent and ongoing costs... We need real support packages that will save business and millions of jobs.”

Soho Estates also owns the premises in Leicester Square of Burger King, Pizza Hut and Garfunkel’s, as well as two night clubs and several other units.

Mr James added: “Leicester Square is very mixed-use and was all about tourists. Very sadly, it’s doomed.”

Nickie Aiken, MP for City of London and Westminster, which includes the West End, said the Chancellor’s announcement was “welcome news” for businesses.

She tweeted: “Welcome news for businesses in my constituency. I have lobbied for more support particularly for restaurants, bars and cafes who are finding it so tough at present.”

Newsletter

Related Articles

0:00
0:00
Close
Jaguar Land Rover Halts Production at UK Plant Amid Supplier Disruption
UK Police Reverse Position, Confirm Arrests Will Resume for Palestine Action Protests
UK Small Businesses Face Europe’s Steepest Cost Pressures, New Survey Reveals
US Envoy Urges UK to Proceed with King’s Visit Amid Diplomatic Sensitivities
FTSE 100 Drops Over One Percent as Middle East Tensions Weigh on Markets
UK CO2 Plant Set to Reopen as Authorities Move to Safeguard Supplies Amid Middle East Tensions
Trump Urges Stronger Defence Investment as He Questions Allied Naval Capabilities
New COVID Variant Detected in UK Raises Concerns Over Vaccine Effectiveness
FTSE Russell Moves to Standardise Free-Float Rules for UK and International Listings
HBO Max Launches in UK and Ireland, Marking Major Step in Global Streaming Expansion
UK Signals Readiness to Seize Russian ‘Shadow Fleet’ Vessels in Escalation of Sanctions Enforcement
Escalating Middle East Conflict Seen as Major Threat to UK Economic Stability
Early Challenges Mark Prince Harry and Meghan’s Australia Visit
UK Government Rejects Cover-Up Claims After Theft of Former PM Aide’s Phone
Cyprus Opens Strategic Talks with UK Over Sovereign Base Areas
UK Faces Risk of Sharp Inflation Surge Despite Stable Pre-Crisis Figures
UK Police Arrest Two Over Suspected Antisemitic Arson as Iran Link Investigated
UK Inflation Holds at Three Percent Ahead of Oil Price Shock from Iran Conflict
UK Fuel Prices Face Upward Pressure as Global Oil Trends Raise Cost Outlook
Girlguiding UK Sets September Deadline for Membership Policy Change Affecting Trans Participants
Germany and UK Accelerate Wind Power Expansion to Strengthen Energy Security
UK Moves to Ban Cryptocurrency Donations to Political Parties Over Foreign Influence Concerns
UK and Turkey Finalise Major Air Defence Agreement Worth Billions
Apple Introduces Mandatory Age Verification for iPhone Users in the UK
Diverging Views Emerge Over Meghan Markle’s Planned Australia Appearance
Trump Signals Frustration with UK Leadership Amid Diverging Approaches to Iran Conflict
UK Government Takes Control of Hunterston B as Landmark Nuclear Decommissioning Begins
UK Public Inflation Expectations Jump Sharply in March, Raising Pressure on Bank of England
UK Ministers Warn Expanded North Sea Drilling Would Deepen Exposure to Global Energy Volatility
Delayed UK Defence Investment Plan Leaves Suppliers Under Severe Financial Strain
Can Iran Strike the UK? Assessing the Real Military Threat as Conflict Escalates
Sanctioned Iranian Banker Linked to Luxury Marbella Villa Through UK Corporate Structure
Casey Bloys Navigates HBO Max UK Launch, Paramount Integration and Industry Buzz Over Netflix Meeting
Iran Conflict Sparks Sharp Turbulence in UK Mortgage Market, Reaching Pandemic-Era Disruption Levels
Major Donor Urges University of Kentucky to Reconsider Mitch Barnhart’s Post-Retirement Role
United Kingdom Moves to Lead International Effort to Reopen Strait of Hormuz
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
Senior UK Advocate Criticises Barnhart Retirement Appointment, Calls for Reconsideration
UK Finds No Evidence of Direct Iranian Threat to Britain, Says Prime Minister Starmer
Assessing Iran’s Strike Capability and the UK’s Readiness Amid Rising Tensions
NATO Unable to Confirm Iran’s Role in Strike on UK-US Base as Tehran Denies Involvement
University of Kentucky’s Youling Xiong Receives SEC Faculty Achievement Award for 2026
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
Duchess of Sussex Secures ‘As Ever’ Trademark Rights in Australia Ahead of High-Profile Visit
UK Reaffirms Security as Officials Reject Claims of Immediate Iranian Missile Threat
Rising Middle East Tensions Spark ‘Trumpflation’ Debate Over Impact on UK Households
×