from today's Scotsman (3/10):
'Carnivals' set to close key street in drive to boost city
By Brian Ferguson
"ONE of Edinburgh's flagship thoroughfares would be closed to traffic for special events under plans for a new scheme aimed at reviving the fortunes of the heart of the capital.
George Street could become home to regular "carnival" events featuring live music, street entertainers and even cookery demonstrations as part of a long-awaited initiative to enhance the city centre." ...
"George Street, which has seen huge growth in major fashion retailers and upmarket bars over the last ten years, already plays host to a hugely popular street carnival as part of the city's Hogmanay celebrations." ...
"Retailers, bars, restaurants and other firms will vote over the next few weeks on the creation of a "business improvement district" (BID), which is expected to generate £1 million annually. In return for paying higher rates under the scheme, businesses would be promised a package of improvements over and above council services.
Such schemes have proved popular across England, but Edinburgh would be the first to introduce a BID in Scotland." ...
for the complete story
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