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Cumberland and Westmorland Herald
  • News
    Penrith businessman bitten by dog

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    End of road for Cumbria Classic Coaches after 28 years

    End of road for Cumbria Classic Coaches after 28 years

    Farm diversification project set to blossom

    Farm diversification project set to blossom

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    71-year-old cyclist gets on his bike to Rome

    Appleby car park and road to close for flood work

    Appleby car park and road to close for flood work

    Road closure plans for essential bridge repairs

    Road closure plans for essential bridge repairs

    Penrith drug dealer jailed

    Penrith drug dealer jailed

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    Man who damaged Penrith’s Paddington Bear appears in court

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    Mandatory payrolling of Benefits in Kind delayed

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    Teen golfer George Curry lines up with world’s best players

    Ullswater Community College footballers make history

    Ullswater Community College footballers make history

    New management set to lead Appleby Football Club

    New management set to lead Appleby Football Club

    Success for fighting squad

    Success for fighting squad

    Penrith skipper Nicky Burns calls on team to keep winning

    Penrith skipper Nicky Burns calls on team to keep winning

    £100,000 target for new changing rooms extension

    £100,000 target for new changing rooms extension

    Medal success for Upper Eden tug-of-war team

    Medal success for Upper Eden tug-of-war team

    Eden man competes in Hyrox World Games

    Eden man competes in Hyrox World Games

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    Double national triumph for Stuart Robinson

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Home Latest

Penrith’s Business Improvement District set to fold

by CWH
7 December 2022
in Latest, News
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Christmas lights in Penrith

Penrith’s Business Improvement District – which oversees the town’s Christmas lights among other initiatives – has not been given the go-ahead for a third term.

A ballot for town business levy payers was held on November 30 on the proposal for a third, five-year, term of the Penrith BID, taking it up to 2028.

Two threshold tests needed to be met for the ballot to be successful – more than 50 per cent of the turnout must be in favour of the BID; and the positive vote must represent more than 50 per cent of the Rateable Value of the votes cast.

The total number of votes cast, excluding rejected ballot papers, was 115, representing a rateable value of £2,642,650. The votes in favour were 89, representing a rateable value of £1,084,850.

A majority of the business ratepayers in the proposed BID area voted in favour of the proposal, but not by aggregate rateable value.

As not all the threshold tests were met, the proposal for a third term of Penrith BID has not been approved, said a spokesman for Eden Council.

Business Improvement Districts are business led partnerships which are created through a ballot process to deliver additional services to local businesses.

They can be a powerful tool for directly involving local firms and allow the business community and local authorities to work together to improve the local trading environment.

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