£200,000 for extra support for traders at Elephant and Castle Shopping Centre announced

Wednesday January 29th, 2020

Southwark Council has pledged £200,000 to provide additional support to traders affected by the re-development plans at the Elephant and Castle Shopping Centre.Government Opportunities

Following the announcement that the centre will close this summer, the council has agreed the funding in addition to the funds already made available by developers Delancey for direct relocation – which they have said could be increased and the council expect to have more information on that shortly.

The council will be speaking to traders individually, and through the Trader Panel, to find out the best way this new fund can be used to help those traders still struggling during this time of change.
The council’s fund will operate separately from the existing relocation funding from Delancey, which traders will still able to access alongside business support from Tree Shepherd and a database of available retail properties to help with their search for a new site.
The details of the offer will be finalised by Cabinet in March.

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