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AMAZING! Manor Royal BID secure another 5 years

An overwhelming 84% of the businesses that voted chose to renew the BID.

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Manor Royal businesses have voted in a formal, independent ballot and now the Manor Royal Business Improvement District (BID) will be extended for a further five years.

As a result, £2.6m, generated from the Levy, will be invested to improve the business district over the next five years, along with any additional funds the BID team secures from third parties.

More news: Southern Rail warn passengers to complete their journeys by 3pm today

38% of companies on Manor Royal voted in the BID Ballot and of those, an overwhelming 84% chose to renew the BID. This vote of confidence means the BID team can now deliver the activities set out in a new Business Plan, which was posted to Levy Payers ahead of the ballot.

Companies and their employees on Manor Royal can continue to use existing BID services such as subsidised training and travel, free events and the Ranger and Maintenance teams, as well as benefit from new initiatives delivered over the next five years.

Trevor Williams of Thales UK and Manor Royal BID Chairman, said:

“We are obviously delighted with this result.  This vote provides a mandate for the BID to build on its previous achievements and continue to improve Manor Royal for those who work, visit and do business here.”

Prior to the ballot, the Manor Royal BID team widely consulted through formal research, events and group meetings to ensure the new business plan focuses on business needs.

Managing Director of Bon Appetit and Vice-Chairman of the BID, Keith Pordum said:

“For me it was an easy decision to vote ‘Yes’ for the BID renewal. I’ve seen the positive difference the BID has made for companies of all sizes located here.”

The Manor Royal BID team will now continue to champion West Sussex’s most successful and dynamic business district, to drive inward investment, deliver more infrastructure improvements and boost local trade.

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Nervous wait for Pizza Express in Crawley as firm prepares for debt talks with creditors

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Photo: Google Street View

Another major restaurant could be the latest victim of changing conditions on the high street.

The chain has reportedly hired in financial advisers ahead of talks with creditors over huge mounted debts.

The company reported a 11% fall in pre-tax profit in the second quarter of the year.

The Chinese owned company is reported to have huge debts that have amounted as the chain has struggled to cope with the changing habits of shoppers.

There are also rumours that the debt could be as much as £1.6m per restaurant.

Pizza Express is currently refusing to comment on what they call ‘speculation’ around their appointing of creditors.

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