11/08/11
By Karen Moss
David Cameron has unveiled a raft of measures to help businesses and communities left devastated by the recent riots. The Prime Minister pledged a £20 million pot for a High Street support scheme and announced that all businesses and individuals will be able to claim under the Riot Damages Act, even if they were not insured.
The time period to reclaim losses will be extended from 14 days to 42 days and the British insurance industry has said it will process claims quickly. Local authorities will be allowed to offer business rates relief for affected premises and the liability for council tax and business rates will be stopped.
Unnecessary planning regulations that make it difficult for retailers to install security shutters will be weeded out and a further £10 million was pledged to help repair communities.
The Association of Convenience Stores (ACS), welcomed David Cameron’s announcement today. ACS chief executive, James Lowman, says: “We called for the extension for claims under the Riot Damages Act from 14 to 42 days in meetings and discussions with the Home Secretary and Business Secretary this week. We are grateful they have listened and have taken this practical step.
“We welcome the fund to support high streets, and the further funding to help repair communities. Retailers have to be at the heart of rebuilding the communities they serve.”
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