The council is offering a discretionary business rates discount for a period of up to one month for any of the businesses that were inside the police cordon while forensic investigations took place.
The market, the main scene of attacks and where the three terrorists were shot by police, were blocked off for more than a week, with the market fully reopening on 14 June – 10 days after the attack.
Councillor Peter John, leader of Southwark Council, said the council wanted to fully support the many local businesses that have felt a “significant impact” by the closures during the investigations.
“As well as offering emotional support to their staff through our Community Assistance Centre at Southwark Cathedral, we wanted to offer practical support to help them back to business as normal during this difficult time,” he said.
A welcome gesture
The Association of Licensed Multiple Retailers chief executive Kate Nicholls welcomed the gesture.
She said: “Besides the obvious trauma of being caught up in the recent attack, those businesses that were affected will have also taken a significant financial hit because they were necessarily forced to close down.
“Following a major incident such as this, it can take businesses in the affected area up to six months to recover.
“Although safety will have been the chief concern for businesses, it is nice to see the council recognising that many employers will have also suffered financially.”
There is also 'hardship relief' for businesses that have been particularly badly affected, the council said.