TIC Bulletin

TIC Bulletin – 22nd March

We wanted to provide you with an update on the follow announcements:

The Commercial Rents Stakeholder Survey is now live

Commercial rents stakeholder survey is now live – you can access it here. The Commercial Rent (Coronavirus) Bill is on track to conclude by the end of the month which will put in place an arbitration process to manage outstanding rent debt for businesses in scope. The Department for Business, Energy and Industrial Strategy (BEIS) is running a survey to help understand the context and impact of the Commercial Rent (Coronavirus) Bill. The results will be used to inform the ongoing monitoring and evaluation process of the bill. We want to make sure that the views of businesses potentially affected by the policy are heard and taken into account. We greatly appreciate your time in answering this survey. It should only take about 10 minutes to complete. The survey will run until Friday, 25 March 2022. 

The Green Heat Network Fund has launched

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a £288 million Green Heat Network Fund (GHNF). Schemes that will deliver clean heating to homes, offices, commercial and public buildings will be able to apply for grants over the next three years. The fund will support: the commercialisation and construction of new low and zero carbon (LZC) heat networks (including the supply of cooling) the retrofitting and expansion of existing heat networks. The fund will be open to public, private and third sector applicants in England. Individuals, households and sole traders cannot apply. The fund opened for applications on 14 March and is anticipated to run to 2025. Please contact ghnfcorrespondence@beis.gov.uk for an application form.

Cultural Investment Fund Results

The results of the Cultural Investment Fund were announced – the results can be found here. Galleries, museums, libraries and other cultural venues across the country are set to benefit from £48 million of funding which will improve people’s access to the arts, safeguard cultural assets for future generations, and power economic growth through culture. More than 60 organisations in England will receive a slice of the funding which is being released as part of the government’s Cultural Investment Fund which was first unveiled in 2019.

UK City of Culture 2025 Shortlist Revealed

Bradford, County Durham, Southampton and Wrexham County Borough have been unveiled as the four areas shortlisted to be UK City of Culture 2025. The four locations were approved by Culture Secretary Nadine Dorries based on independent advice made to the government by a panel of experts led by Sir Phil Redmond. The vast benefits of winning the prestigious title include attracting millions of pounds in additional investment to help boost regeneration, a year in the cultural spotlight with hundreds of events encouraging long-lasting participation in the arts, and growth for local tourism.

Please feel free to contact me if you have any questions.