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BID Member Newsletter

5th May 2020
As we head into our seventh week of lockdown we continue to monitor the news and the Government's updates on the ease of the lockdown. We will await the guidance due to be announced on Sunday and will work with BID Members in support of re-opening town centre businesses when it is safe and possible to do so. 

We appreciate it's a difficult time for you all. We hope that our increased communications via our weekly newsletter, increased social media exposure and updates on the website around Covid-19 guidance has been useful. We will continue to share guidance as it comes through so please continue to visit our dedicated Covid-19 webpage.    

As always, if you have any news, updates or initiatives you would like to share with fellow BID members, get in touch and we'll share them in the next newsletter. 

Mark Rogers
Interim BID Manager

Social Distancing Recommendations for Retail

It is not clear when the non-food retail sector will re-open for business and the final decision on this will be made by the Government and the public health experts. However, it is important to be ready.

The safety and wellbeing of every retailers’ staff and their customers is a top priority.

To assist, BRC (British Retail Consortium) have provided recommendations which will assist retailers to facilitate the introduction of social distancing.

Read the guidance here.

Bounce Back Loan Scheme Opens for Applications

Following the Chancellor of the Exchequer’s announcement on 27 April, the Bounce Back Loan Scheme is now open for applications.

Delivered by lenders accredited by the British Business Bank for this scheme, Bounce Back Loans target small and micro businesses in all sectors, providing loans from £2k up to 25% of the business’ turnover with a maximum loan of £50k. Providing lenders with a 100% government-backed guarantee and standardising the application form is expected to lead to a faster process with many loans becoming available within days.

Click here for full details of the features of the scheme and who to contact.

Swindon Town Centre footfall 

We've been monitoring footfall since the coronavirus hit the UK and unsurprisingly footfall has dramatically decreased. As people have changed their shopping habits, the busiest days of the week are weekdays as opposed to Saturday being the normal busiest trading day. 

We will continue to monitor the footfall and when restrictions ease we look forward to welcoming people back into the town centre. 

Mastering 3 coronavirus challenges with customer loyalty

Retailers across the UK will be facing some serious obstacles as we continue to endure the coronavirus and the effect it's having on us both personally and economically. We found this article interesting in Retail Gazette on three challenges plaguing UK retail, and thoughts on ways to make the best out of them.

British BIDs announces new research into the recovery of BIDs and urban centres in the 'new normal' 

Working in partnership, British BIDs, Nottingham BID and the New Economic Foundation have commissioned a detailed report to examine the future recovery of BIDs and town centres, exploring the role of a BID and the BID network in the 'new normal'. Find out more here.

Please keep in touch


Although the team are working remotely, if for any reason you need to get in touch with us, we're here to help and offer support where we can.

Email the team:
info@inswindon.com
marketing@inswindon.com
streetteam@inswindon.com

Or call us:
01793 485 523
07867 354911 (Street Team Duty Mobile)

For regular updates on the coronavirus please ensure you keep checking in with our website where we will provide a weekly update and guidance for our town centre businesses. 

#StaySafe 


We hope you all stay safe and stay well and we look forward to seeing a busy Swindon town centre soon!  
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