Search

Great Yarmouth and Gorleston seafront businesses to vote on funding initiative

09:00 22 April 2014

Trevor Wainwright

Trevor Wainwright

Archant Norfolk Photographic © 2012

Tourism operators in Great Yarmouth and Gorleston will next month be asked to vote on plans for a new seafront business improvement district (Bid) which would increase funding available for marketing and staging new events.

The final Bid business plan will be circulated to businesses later this week, to be followed by ballot papers on May 3.

The ballot will close on May 31 and the result will be declared on June 2; if a majority votes in favour, a five-year Bid will begin on September 1.

The scheme would mean all seafront operators paying an additional sum in their business rates towards a programme of agreed improvements designed to boost tourism – currently membership of the Greater Yarmouth Tourist Authority (GYTA) is voluntary so the amount raised by subscriptions is limited to those signing up.

Bids have already been used to improve the tourism economy in other places around the country, such as Southend.

The Bid would raise as much as £2.4m over its five-year life but, as the annual levy would only be 1.5pc of rateable value, 90pc of businesses would be asked to contribute less than £225 a year.

Search hundreds of local jobs at Jobs24

1 comment

  • No doubt, as usual all monies would go to Yarmouth and none to Gorleston, even though gorleston contrubutions would have been made. Yet another money making scam for the council to get on board. Do not trust the council.

    Report this comment

    "V"

    Tuesday, April 22, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

Management Jobs

Show Job Lists

Insight

Start-ups and new businesses gathered for an event hosted by the Sheriff of Norwich, Richard Marks. Pictured from left are entrepreneur Steffan Aquarone, John Lewis Partnership chief information officer Paul Coby, Mr Marks and Cafe Rouge founder and UEA chancellor Karen Jones, who spoke at the event. Picture: Steve Cox.

There are many things which can keep business owners awake at night – but finding ways of paying more tax is not likely to be one of them.

Better access to finance made 2016 a good year for entrepreneurs, according to research from Barclays. Picture: PA Photo/thinkstockphotos.

The past year will be remembered for economic uncertainty, but it was a good time for entrepreneurs, writes Barclays’ Simon Smith.

Green 100

cover

Enjoy the Green 100
digital edition

Read

Mustard TV

Meet the Team

Mark Shields

Business Editor

|

Chris Hill

Agricultural and Farming Editor

|

Business Most Read

Awards

Norfolk Future 50 EDP Business Awards Green 100

Business Most Commented

Newsletter Sign Up

Sign up to receive our regular email newsletter