Solutions

Create affordable workspaces

Affordable workspaces are essential to the survival of independent businesses.

The East End Trades Guild Affordable Workspace Manifesto was developed through a democratic process led by its members, and with assistance from the New Economics Foundation. While written for London, where dramatic rent rises are squeezing out independent businesses, many of the measure are relevant to other cities struggling to maintain the diversity of their economic ecosystems.

They include:

A working rent for small businesses
We need a flexible formula of rental affordability for small and micro businesses.

Small business community land trust 
A small business-led community land trust can provide genuinely affordable workspaces for small and micro businesses in perpetuity. CLTs are a viable long-­term solution to the workspace crisis.

Landlords’ register
Create access to comparable rental evidence to support small businesses in keeping rents reasonable, and enable stronger more accountable relationships with commercial landlords.

Tags Better work, more leisure

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Key documents

Policy in practice

Projects that demonstrate the benefits or may be helped by polices like this.

  • Friendly Families nursery
    This brand new nursery provides affordable, child-centered care co-produced by parents and staff.
  • Scallywags nursery
    Parents collaborate with skilled staff to provide high-quality affordable care at this well-established nursery.
  • B4RN: Broadband for the Rural North
    Not-for-profit community benefit society provides one of the world's fastest broadband services.
  • Guardians of the Arches
    Railway arch-based small businesses fight for affordable rents.
  • Save Latin Village
    Small business owners are fighting plans to develop their north London home.
  • North West Mutual
    Community bank will help local businesses and individuals neglected by mainstream banks.
  • Islington Community Wealth Building
    Islington, with some of the richest and poorest residents in the country, aims to build a more democratic economy.
  • Isle of Ulva
    Community campaigners buy their island.
  • Portpatrick Harbour
    Community shares helped a struggling village revive its harbour.
  • Space4
    Space4 is a co-working space for social enterprises and worker co-operatives in the digital tech sector.