The leader of West Suffolk Council has welcomed the government’s announcement of funding for Business Improvement Districts.
West Suffolk Council has been lobbying on behalf of Our Bury St Edmunds Business Improvement District and Love Newmarket for funding to help cover their costs and to plan for the future. Both BIDs will receive a share of £6.1 million announced by High Streets Minister Simon Clarke MP.
John Griffiths, leader of the council, said: “We see the Business Improvement Districts as key partners who, alongside town councils and other representatives, will play an important role in the recovery of our town centres as places of economic, social and cultural activity. This in turn will play an important part in the economic recovery of the wider West Suffolk area.
“That is why we have been lobbying with our local MPs Jo Churchill and Matt Hancock to push for this funding and we are delighted that the Government has listened and made this announcement.”
The news had been welcomed by both BIDs.
Mark Cordell, chief executive of Our Bury St Edmunds said: “This is a great boost for our BID and most importantly for our 400 plus members, as we can now look to develop some ideas and initiatives with this money, in addition to the contribution of the members, to deliver benefits to help them through this very difficult time at the moment and when the town centre re-opens for business too. I am very grateful to West Suffolk Council and our MP Jo Churchill, for their lobbying, on this issue, on our behalf with the Government.”
Paul Brown, manager at Love Newmarket, said: “The news today is a great boost for Newmarket town centre and our 350 plus members. Working in partnership with our key stakeholders Love Newmarket BID will be able to use these additional funds to help reinvigorate our town centre.”