London Daily

Focus on the big picture.
Sunday, Sep 27, 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
Civil Aviation Authority Launches Review of Air Traffic Systems Following Digital Failure
X Reports First Increase in UK Revenues Following Advertiser Boycott
Shetland Islands Council Approves £400 Million Inter-Island Tunnel Project
Foreign Secretary Ed Miliband Warns Iran Against Hostile Activities on British Soil
UK Ministers Concede Chagos Islands Sovereignty Agreement Terminated After US Opposition
More in Common Poll Projects Hung Parliament with Labour Leading and Reform UK Gains
Prime Minister Andy Burnham Defends Economic Strategy as Public Finances Face Headwinds
Tony Blair Urges Government to Set Long-Term Goal of Rejoining the European Union
Prime Minister Andy Burnham Pledges Universal Free Social Care Funded Through General Taxation
UK Diesel and Petrol Prices Surge Near All-Time Highs Amid Middle East Energy Volatility
Analysis of Reform UK conference highlights deep political divisions over welfare and immigration
Bangladesh garment exports to the United Kingdom reach $915 million in early fiscal year
Royal Navy begins sea trials for new HMS Agamemnon hunter-killer submarine
New report suggests UK data centre expansion will create far fewer jobs than predicted
Major weekend closures announced for London Underground Piccadilly and Central lines
NHS leaders call for emergency winter funding to combat staffing shortages and rising illness
Far-right activist Daniel Thomas charged following alleged slashing of migrant dinghy
Home Secretary orders urgent review of border security following rise in small boat crossings
Prime Minister Andy Burnham to address Labour Party conference amid calls for long-term infrastructure plan
UK Treasury and Bank of England warn of rising inflation risks amid Middle East tensions
Royal Navy Diving Squadron Honoured for Global Bomb Disposal Efforts
UK State Pension Set to Approach £13,000 Per Year Under Triple-Lock
Rolls-Royce Wins Multi-Million-Pound Engine Contract with Philippine Airlines
TfL Questions Future of Heathrow Express Amid Proposed £33 Billion Expansion
Ed Miliband Warns Iran Against Hostile Operations on British Soil
S&P Global Manufacturing Index Signals Stabilization Amid Rising Fuel Costs
Prime Minister Andy Burnham Launches National Centre for Information Defence
UK Food and Drink Trade Deficit Surges to £21.1 Billion
OECD Upgrades United Kingdom Economic Growth Forecast to 1.1 Percent
Bank of England Faces Policy Challenges as Energy Prices Push Inflation Projections Higher
IMF Urges UK and Major Economies to Reduce Public Borrowing and Debt
UK Government Concedes Chagos Islands Sovereignty Deal is Dead Following Trump Opposition
Prosecutors Seek More Than 10 Years in Prison for Former DUP Leader Jeffrey Donaldson
UK Provided £66 Million in Emergency Security Funding for Mosques After Southport Disorder
Manston Inquiry Examines Role of Government Decisions in 2022 Overcrowding Crisis
Justice System Capacity Pressures Raise Concerns Over Release of Sex Offenders
UK Food and Drink Trade Deficit Widens to Record £21.1 Billion
UK Releases Climate Security Findings Previously Withheld Under Starmer
TalkTalk Races to Sell Consumer and Broadband Businesses as Administration Threat Looms
NHS Bodies Impose Minimum Two-Year Waits for ADHD and Autism Assessments
Andy Burnham Pledges £210 Million to Revive Boarded-Up High Streets
UK Borrowing Reaches £18.3 Billion in August Ahead of Autumn Budget
Vistry Cuts Profit Outlook as Losses Deepen and Private Home Sales Weaken
Reported Assaults on Great Britain’s Railways Rise Sharply
Far-Right Activist Daniel Thomas Arrested After Channel Dinghy Slashing
Ukrainians in Britain Face Greater Homelessness Risk as Host Payments Are Cut
Scottish Drug Deaths Rise as Synthetic Opioids Spread
UK Diesel Prices Approach Record High as Energy Costs Intensify
UK Food and Drink Trade Deficit Widens to Record £21 Billion
Britain’s Largest Planned AI Supercomputer Delayed by Power Grid Constraints
×