Newspaper article The Evening Standard (London, England)

New Fund to Help Victims as Boris Announces [Pounds Sterling]20m Boost to Rebuilding Work

Newspaper article The Evening Standard (London, England)

New Fund to Help Victims as Boris Announces [Pounds Sterling]20m Boost to Rebuilding Work

Article excerpt

Byline: Peter Dominiczak and Laura Roberts

FAMILIES and businesses still suffering in the wake of the riots today received a double boost as the Treasury pledged a [pounds sterling]20 million rebuilding package and a charity launched a new relief fund.

London Mayor Boris Johnson and Communities Secretary Eric Pickles today announced that a further [pounds sterling]20 million would go to the worst riot-ravaged areas of Tottenham and Croydon on top of the [pounds sterling]50 million London-wide regeneration fund ring-fenced by City Hall. The London Enterprise Fund will focus on the regeneration of the capital's worst-hit areas and Mr Johnson today said that "with this support from Government, we can not only restore these town centres but create better, more prosperous places to live, work and invest in".

The news comes as a charity announced it is aiming to raise tens of thousands of pounds so it can hand out "hardship grants" to independent shops and people who lost their homes and livelihoods when thugs rampaged through the capital.

The fundraising bid, called We Love London, comes in response to the Evening Standard's call to support small shopkeepers and rebuild the high streets ransacked by yobs.

But it also hopes to give out grants to families, couples and individuals who need help to repair what they have lost. The money will be distributed by The Capital Community Foundation, one of the Standard's Dispossessed Fund partners.

The charity is contacting local volunteer centres, housing associations and local authorities to find out where the grants are most needed.

The organisation, which has already raised [pounds sterling]25,000, may also look to fund charities and community projects working on the prevention of violence.

Deutsche Bank is one of the appeal's key backers and Kate Cavelle, its director of corporate citizenship UK, said: "Helping people build self-supporting structures is the basis of Deutsche Bank's social commitment. …

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