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Lack of tram cash sending traders off the rails



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Published Date: 07 February 2008
Businesses need help now or face going bust, warns Graham Russell
EDINBURGH'S multi-million-pound tram scheme may be hailed as the transport gateway to the 21st century – but try telling that to cash-strapped traders in Leith Walk.

They have suffered months of agony while utility holes have been bored in the tho
roughfare and they face more disruption when the tram lines are laid.

I have heard heartbreaking stories of long-established businesses suffering substantial a loss of trade and a consequent inability to pay rent, of owners having to dip into their savings to keep their business afloat and of regular customers going elsewhere because they can't cross the road.

It's worse for businesses trying to establish themselves but even well-known, long-stranding businesses like Vittoria Restaurant are suffering.

The owner, Tony Crolla, revealed earlier this week that he is currently losing turnover of around £10,000 a week.

To make matters worse, Mr Crolla will not be receiving any financial help from TIE's business support scheme.

The rates rebate scheme, which is supposed to offer a standard reduction of 20 per cent on businesses rates, is still not being applied to all businesses in Leith Walk.

In Vittoria's case, when and if he gets his rates reduction, Mr Crolla will only receive about £8 a day – which might help towards his milk bill.

The various business support schemes were trumpeted to provide "the right money at the right time in the right place".

Besides the minimal amount of money that has been paid out in rate reduction, since June, only £57,000 from TIE's business support budget of £2 million has been distributed to under-pressure traders.

TIE, to its credit, pays up quickly when it receives a trader's claim but too many traders either don't fully understand the schemes or have passed the application form on to managers located elsewhere.

Even charity shops are feeling the pinch. Some traders have even been forced to hire alternative premises to store material as delivery vans can't get near their shops.

The Federation of Small Businesses recently commissioned an independent, survey of every business in Leith Walk. The results would bring tears to your eyes.

Sadly TIE has not yet publicly acknowledged the cries of the small shopkeeper. Its publicity constantly refers to better times when the trams arrive. However, there is no certainty that the businesses will still be there.

If the present phase of the work is causing this level of financial hardship, what will happen when the workers come along to lay the track – we have been reliably told that we have not seen anything yet.

This is a cry for help. Is there anybody out there listening and, if not, why not?

Graham Russell is the chairman of the Edinburgh Federation of Small Businesses





The full article contains 480 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

 
1

Daveronimo,

Leith Walk 20/02/2008 15:24:40
Try telling that to the traders on Leith Walk. Speaking personally as a trader on Leith Walk - try getting down here and getting parked. Lose footfall = Lose Business. It is a rather unfortunate situation but one we have to live with here. It is the number of weeks of continuous work that will hurt us, Already the pinch is being felt, as demonstrated by Vittoria's figures. This is not us thinking the world owes us a living, it is a direct fact of how we are being affected by the works. £8 a week for Vittoria's is like a slap in the face. We might as well not claim if that's what we get... This is the stance of many folk here, if we're not getting a useful amount, what's the point of claiming? It's a waste of taxpayers money. What we need is concise times,dates etc of when these things are going to be finished, what parking will be left etc. Then we can do something useful in terms of planning. Upping sticks and getting out of here may be the best option for many traders. Trams not so good for Leith after all?
2

livilion,

livingston 22/02/2008 07:19:44
Am I just the wee cynic?

The less 'attractive' businesses on Leith Walk can be encouraged to fold in order to move the area up market in line with what's happening down the other end of the brae.

The odd Labour Party sponsor might be expecting a bonanza picking over the bones of failed businesses and knocking up more executive apartments and boutiques for the urban tram user.

 

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