NABMA Needs your Help with our Support Proposals for Markets

NABMA has, together with other lobbying organisations, been a strong voice to help secure financial lifelines for thousands of our market traders.

YOU CAN HELP BY COMPLETING OUR ONLINE SURVEY:
https://nabma.com/covid-19-nabma-support-proposal-for-markets/

Now NABMA needs your help in giving us the information we need to lobby on behalf of all market operators for further government financial assistance, so that markets can be successful relaunched when that time comes.
 

You will be aware that NABMA is in discussions with government about the urgent requirement for a support package of benefits to recognise the economic and operator impact on markets, present and future, as a result of the pandemic.
  
As a reminder the NABMA proposal focusses upon five key areas.
  • Supporting Traders and Small Businesses
  • A Business Interruption Compensation Scheme
  • A Market Start Back Scheme
  • Business Rates Discretionary Relief
  • A National Programme to Restore Markets and Market Trading
     
Government have confirmed that they are looking carefully at the NABMA proposals but require some statistical evidence from NABMA members to help quantify the financial losses, risks and impact.
 
YOU CAN HELP BY COMPLETING OUR ONLINE SURVEY:

https://nabma.com/covid-19-nabma-support-proposal-for-markets/ Not all questions may be relevant to your market, but please complete as much of the survey as possible. We can then continue to lobby the government on behalf of markets across the UK.
A Business Interruption Compensation Scheme
Government seek information on how significant the lost markets revenue is due to the pandemic? They ask what the commercial market losses are as a proportion of local authority income?
The same information is sought from non-local authority NABMA members. In summary therefore
A Market Start Back Scheme
Government recognise that there is a risk that some markets may now close permanently. They also acknowledge that some markets have significantly invested in infrastructure and will do everything possible to resume trading.
Business Rates
At present local authority markets cannot benefit from business rates relief that private sector operators can. Legislation is therefore needed to permit change.
A National Programme to Restore Markets and Market Trading
Government has acknowledged the NABMA offer to lead, support and manage the recovery phase for the retail markets industry through the current difficulties and beyond.
PLEASE ENSURE YOU RECEIVE A GREEN SUCCESS MESSAGE AND A CONFIRMATION EMAIL BEFORE LEAVING THIS PAGE. Any problems, please email support@nabma.com or call Ian on 07562 787 363
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