Chichester to get £1m boost

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BUSINESSES have voted yes to Chichester becoming a Business Improvement District (Bid).

It means around £1.3m will be invested in the city over the next five years.

The money will go to projects and initiatives to boost the local economy.

Business rate payers were balloted over the past month and a majority was needed, by both number and by rateable value for the scheme, to be approved.

Seventy-three per cent of businesses voted in favour of the Bid. Collectively, they represent 84 per cent of the rateable value.

Businesses will now pay one per cent of their rateable value towards schemes to attract more visitors to the city and environmental improvements.

The Bid starts on April 2012.