Penicuik firms to vote on collective action scheme

Shopping in Penicuik - for ad feature
Shopping in Penicuik - for ad feature

More than 200 businesses in Penicuik are to be balloted in 2014 on a scheme to create a Business Improvement District in the town.

Midlothian Council’s Cabinet has backed a proposal to start work which could see the special area introduced.

The concept, which has been imported from Canada and the US, involves businesses working together and investing collectively in improvements which benefit them and the wider Midlothian economy.

Under the concept, if it goes ahead, the businesses involved have a say in the plans of the District, which will be in force for five years. At the end of the five years, a further renewal ballot takes place to decide whether the concept should continue for a further five years.

Read more in the October 17 edition of the Midlothian Advertiser.