Deloitte support of the high street fund
The High Street Fund was set up to support those small businesses affected by the riots of August 2011 and help restore day to day normality on the nation’s high streets. In four nights of violence, many people lost their jobs, homes and livelihoods. The dust has settled and the debris swept away, but hundreds of small businesses still face economic hardship which may threaten their survival.
With support from Deloitte the High Street Fund has raised £3.5m to provide emergency hardship relief to small businesses to secure and repair their premises and to keep trading whilst waiting for insurance and/or Riot Damages Act payments.
On 26 January Deloitte hosted a Thank You reception with the Mayor of London Boris Johnson to mark the closure of the High Street Fund. David Cruickshank, Chairman of Deloitte, said:
"Following the devastating riots of August 2011, Deloitte and its people saw the need to take a lead in assisting the businesses and communities affected by the civil unrest. I was extremely pleased to be approached by Sir William Castell to create and support The High Street Fund, which was able to help so many people. Our employees also assisted in the clean-up operation in Manchester, and we welcomed the opportunity to help get small businesses across the UK back up and running."