Relief for blaze-hit traders
BUSINESSES affected by the School of Art fire are to be given business rates relief.
The council is to dish out £1.85million of the Scottish Government’s Fire Recovery Fund to help businesses and another £150,000 to the CCA.
GLASGOW City Council is to use £1.85 million of the Scottish Government’s Fire Recovery Fund to provide business rates relief.
And a £150,000 grant will be provided to the Centre for Contemporary Arts to assist it with its recovery plan.
From January to March every business in the immediate fire cordon area and eligible businesses in the wider Sauchiehall Street area will receive 100 per cent business rates relief.
A total of 200 businesses in the eligible area have already received more than £3m from the £5m fund, which was announced by Economy Secretary Derek Mackay in July following the fires at the Glasgow School of Art Mackintosh building and Victoria’s Nightclub.
Mr Mackay said: “This relief will provide muchneeded breathing space while businesses resume trade and allow them to focus on the commercial opportunities of the festive period in the knowledge that they will not face any additional business rates liabilities related to the period between January to March. The devastating fires at the Glasgow School of Art and near Victoria’s Nightclub have had a significant and lasting impact on businesses, residents and the Sauchiehall Street economy alike.
“The recovery fund has given financial relief for hundreds of eligible businesses and, while the immediate disruption has passed, it is clear the effects will continue to be felt for some time.”
As well as this latest release of funding, the Scottish Government has already offered £20,000 of financial support to businesses directly affected by the fires and £10,000 to other businesses in the area who have been impacted by a fall in footfall.
It has also expanded its contribution to hardship rates relief and, working with the council, created an emergency fund to support displaced households.
Councillor Susan Aitken, Leader of Glasgow City Council, added: “The Sauchiehall Street fires had a huge impact on the city, most especially on those who live and work in the vicinity.
“In response to these tragic and traumatising events, and in partnership with the Scottish Government, we ensured local businesses received the support needed at a crucial time.
“This announcement will complement and make a significant contribution to our aims and ambitions for a 21st century Sauchiehall Street.”