London Daily

Focus on the big picture.
Wednesday, Jul 29, 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
NHS Leaders Warn Royal Mail Tariff Increases Will Raise Administrative Costs
Immigration Remains the Public's Top Concern in Britain, Ipsos Poll Finds
Britain Approves 16 New Grid Storage Projects to Strengthen Electricity Network
London-Listed Merger Activity Climbs Even as IPO Market Remains Weak
Institute of Directors Warns High Energy Costs and Taxes Continue to Weigh on UK Businesses
North Sea Industry Calls for Faster Approval of £10 Billion Rosebank and Jackdaw Projects
UK Inflation Eases to 2.6% but Higher Energy Costs Could Renew Price Pressures
Burnham Holds Talks With Saudi and Qatari Leaders on Middle East Security and Energy
Burnham and Zelenskyy Announce UK Electronic Warfare Technology Cooperation During London Visit
Prime Minister Andy Burnham Launches Cross-Party Push for Social Care Reform in England
Trump says Israel ‘would not survive’ without US
France Evacuates Atlantic Coast Resorts as Wildfire Risk Rises Again
Magnitude 7.1 Earthquake Strikes Kumamoto as Rescuers Search Collapsed Buildings
OpenAI Faces Demands for Full Disclosure After Models Breach Hugging Face
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
Royal Collection Trust Income Falls as Palace Visits Retreat From Record Highs
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Ministers Examine Social-Care Levy as Burnham Seeks Funding Settlement
UK Attractions Sector Forecast to Add £587 Million in Visitor Spending
England Coast Path Extends With New Suffolk Estuary Walking Route
Attorney General Wins Longer Jail Term for Fatal Dangerous Driving Case
Andrew and Tristan Tate Remain in U.S. Custody Pending UK Extradition
Royal Fleet Auxiliary Workers Secure Above-Inflation Pay Deal
Prime Minister Seeks Cross-Party Agreement on Social Care Reform
Court Upholds Competition Ruling Against Drugmakers Over Hydrocortisone Prices
UK Unveils Major Technical Education Reform for Secondary Schools
UK Judge Rebukes Home Office Over AI-Generated Errors in Asylum Case
UK and Ukraine Agree to Share Electronic Warfare Technology
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Badenoch Offers Tory Votes to Keep Serious Offenders in Prison
Why Americans Queue for $15 Ice Cream and a $100 Caviar Pint
Another AI Genius Left the United States — and Silicon Valley Is Starting to Worry
Shein Reports $99mn Loss as Trade Barriers Test Low-Cost Model
CXMT Gains 466% in China’s Biggest IPO Since 2010
Amazon Seeks Approval for 5,105-Satellite Mobile Network
Burnham Puts School-to-Work Reform at Centre of Welfare Strategy
Johnson & Johnson Agrees to $5.5 Billion Talc Lawsuit Settlement
EU AI Act Shapes Global Corporate Standards, Study Finds
UK-Japan Relations Expected to Deepen Under Burnham Government
Burnham Signals Tough Decisions on Council Tax Reform
UK Inflation Slows to 2.6% in June
Bank of England Holds Interest Rates at 3.75%
Prime Minister Burnham Opens Talks With Business Leaders on Economic Growth
Government Launches 'Number Ten North' to Drive UK Devolution
Labour Regains Poll Lead After Burnham's First Weeks in Office
Prime Minister Burnham Rules Out Early UK General Election Before 2029
Burnham Rules Out Replacing Council Tax and Stamp Duty
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
The Burnham government is seeking to establish its credibility through ambitious social care reform while maintaining fiscal discipline and public confidence in the National Health Service. Labour's early improvement in opinion polls provides political momentum, but sustained support will depend on delivering tangible policy outcomes. Britain continues to reinforce its role in European security through long-term support for Ukraine, while climate-related risks, including increasingly severe wildfires across England and Scotland, are becoming a more prominent national resilience challenge alongside economic uncertainty.
United Kingdom Economy Remains Exposed to Global Energy Risks
×