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.
  • Kitty’s Launderette
    Not-for-profit launderette offers a cheap place to wash and dry clothes and a warm, welcoming space for the community.
  • Sovereign Harbour
    Threatened by corporate developers, a fishing community took control of their harbour.
  • Friendly Families nursery
    This brand new nursery provides affordable, child-centered care co-produced by parents and staff.
  • Islington Community Wealth Building
    Islington, with some of the richest and poorest residents in the country, aims to build a more democratic economy.
  • Scallywags nursery
    Parents collaborate with skilled staff to provide high-quality affordable care at this well-established nursery.
  • Impact Hub
    Impact Hub is a community centre and co-working space which aims to build a more equal and just city.
  • B4RN: Broadband for the Rural North
    Not-for-profit community benefit society provides one of the world's fastest broadband services.
  • Marine Dream Hub
    Coastal hub brings together marginalised communities to make the most of their marine environment and boost their local economy.
  • The Exchange
    This community arts centre has plans for workspaces, exhibition space and housing in neglected local buildings.