Please help us to ask the Government to act now and show support in this moment of crisis.
Businesses and individuals in the hospitality and nightlife industry are uniting to urge the government to provide a simpler solution to the current crisis, which has left millions in a state of confusion, and many extremely concerned about extended debt and potential ruin.
It's clear from many of the provisions which have been assessed that the headlines are bigger than the reality, with many businesses still not clear on support - or falling outside of the eligibility parameters.
Also, the timelines with which these provisions will be implemented fall perilously outside of the levels of cashflow held by many businesses, and we are being inundated with questions about how and when these provisions will come to fruition.
Led by the The Night Time Industries Association, we have come together to implore the Government to take a further exceptional measure - and freeze the economy.
The Big Freeze will resolve a host of issues facing so many of our businesses and workers across Britain and enable us all to pull together as a nation, and through our communities get through this crisis, with minimum impact on people’s lives.
We gratefully acknowledge that the Government has already taken very significant and entirely unprecedented measures. However, by freezing the economy now, they will be ensuring that there is a temporary relief for British workers and business.
Freezing payments in this next period will allow people to focus on health and wellbeing rather than their personal financial burden. Now more than ever we all need a level of calm to manage this next period pragmatically and for the greater good of all.
WHAT YOU CAN DO TO HELP
In order for our message to be effective we need tens of thousands of ordinary people, all the people who come to our clubs, bars, gigs, festivals and live music events, to directly contact the Prime Minister. We also need you to encourage your colleagues, networks and databases to do these things. Together we can help individuals, and the businesses we love and need, to survive.
HOW TO MESSAGE THE PRIME MINISTER
>> Send the following text to the Prime Minister through his messaging service:
The night-time economy including the hospitality sector, alongside retail, travel and tourism are facing a life or death situation right now, with an unprecedented level of business interruption, enforced by government to protect public health.
The issue facing us all is that not enough consideration has been given to the issue of Commercial Loans, Mortgages and financial support. Landlords are ALSO British businesses who form an integral and vital part of UK Plc.
We propose ‘The Big Freeze’: a portfolio of proposed measures to consider during the COVID-19 period, in addition to the current measures. We propose all financial commitments to banks in terms of mortgages, loans and financial agreements be frozen, without effect on any current covenants or balances in terms of interest.
During this period no debt will be accrued. This will give landlords financial freedom to allow tenants to resurrect their business after a period of economic hibernation. We await your imminent response.
>> Use the following email subject line:
A JOINT STATEMENT BY THE NTIA AND UK LANDLORDS
>> Include your name and address at the bottom
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