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.

  • Preston Community Wealth Building
    Preston, recently named the UK's "most improved city", has pioneered more democratic ways to build local wealth.
  • Homebaked
    Residents saved their iconic neighbourhood bakery and transformed it into a thriving community run-business.
  • Grasshoppers In The Park
    Parents and staff work together to provide high-quality, affordable childcare at this co-operative nursery.
  • The Annexe
    Hartlepool has one of the UK's highest unemployment rates, but new approaches aim to buoy local wealth.
  • Space4
    Space4 is a co-working space for social enterprises and worker co-operatives in the digital tech sector.
  • Sovereign Harbour
    Threatened by corporate developers, a fishing community took control of their harbour.
  • Impact Hub
    Impact Hub is a community centre and co-working space which aims to build a more equal and just city.
  • The Clipper
    Local residents bought an empty pub and turned it into the city’s first community-owned market.
  • Grays Riverside
    Thurrock network is strengthening community ties and building local wealth.
  • Save Latin Village
    Small business owners are fighting plans to develop their north London home.