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D-day for West Port traders

Posted by: David on Thursday, June 21, 2007 - 01:33 PM Print article Printer-friendly page  Email to a friend
Business
    BUSINESS leaders expecting "emergency funding"...

BUSINESS leaders were expecting to find out today whether traders hit by West Port's closure will get "emergency funding".

Up to 50 businesses have lost thousands of pounds in sales following the partial collapse of the old Post Office building.

Miller Construction, the firm responsible for the demolition work, and site owners Kenmore Property Group were set to meet this morning to discuss proposals to establish a £250,000 fund to help traders while their insurance claims are processed.

The Federation of Small Businesses put forward the proposal to both companies, asking them to set up an emergency fund to help pay for essentials.

Graham Russell, chairman of the Edinburgh FSB branch, said he is "positive" about the outcome of the discussion.

He added: "In theory the businesses could start accessing the money next week."

A spokeswoman from Miller Construction said: "We have been holding regular meetings with Kenmore."

Kenmore added it was "listening to the West Port traders".

Note: Thursday, 21st June, 2007

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