TIE demands bigger rates cut for traders
TRAM firm TIE has demanded a rates reduction of 80 per cent for businesses on Shandwick Place.
The council-owned firm has written to the assessor, the Lothian Valuation Joint Board, asking for the improved rebate.
City retailers were expecting average rates rebates of 20 per cent, increasing to 80 per cent in the areas worst hit by disruption on the Newhaven to airport route.
However, the rebates for businesses in Shandwick Place – which is closed for five months – have been pegged at 20 per cent, sparking fears the assessor is not sticking to the spirit of the variable rates discount deal struck in 2006.
Mike Connelly, TIE stakeholder relations manager, reportedly said: "I have written to the deputy Lothian Assessor, John Fowler, calling for him to reconsider his position."
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Wednesday 16 May 2012
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