Janice R. Andrews
First of all,
A ray of light has emerged three months after the devastating floods that devastated Downpatrick: ASDA, the town’s main supermarket, has reopened. The path to recovery is still difficult, though, as companies are finding it difficult to recoup from the significant harm they suffered in October. The government promised £15 million in relief, but only a small portion of the money has been distributed, raising questions about Downpatrick’s future.
Reopening ASDA Indicates Hope:
The reopening of ASDA has given Downpatrick’s citizens and business owners a glimmer of optimism. The opening of the new store last Thursday is a sign that things are returning to normal and that business in the town is easing up. The local economy depends on this expansion since ASDA is a significant center for jobs and consumer activity.
Issues Still Face Local Businesses:
Although the reopening of ASDA is encouraging, many companies in Downpatrick still face serious obstacles. Many enterprises are unable to reopen due to the extensive damage caused by the floods. One local takeout owner who has been significantly impacted is Orhan Guzel, whose estimate of losses is £100,000 pounds. He says, emphasizing how serious the situation is, “The flooding was up to my chest.” Everything, even the equipment, is gone.”
Government Assistance Is Insufficient:
The government promised to provide £15 million in relief, but the money hasn’t been coming in very quickly. Just over £1 million of the pledged sum has been disbursed, with 143 awards totaling £7,500. Although these payments are meant to help with necessary repairs, company owners contend that the sum is insufficient to compensate for the enormous losses brought on by the floods.
Growing Irritation Over Postponed Second Funding Round:
The delay in announcing the second round of funds adds to the irritation felt by company owners. Early in January, information on how to apply for more help was supposed to be made available, but as February draws near, specifics are still being worked out. The Treasury must approve the business case before the plan can open for applicants, according to the Department for the Economy, which explains the delay.
The reaction of the Department for the Economy:
The Department for the Economy has acknowledged the difficulties Downpatrick companies face and assured them that a follow-up plan is being developed in a statement. According to the statement, “Work is presently underway to establish the business case for the program, which is necessary in order for the Treasury to approve funds for it. After the necessary clearances are obtained, the program will be open for applicants.”
Prospective Assistance and Projects:
The Department of Economy places emphasis on its partnership with the district Council in order to guarantee that small and medium-sized enterprises receive efficient support. In an effort to be in line with the situation’s actual circumstances, the next assistance program seeks to address concerns brought out by neighborhood companies and leaders. To further lessen the financial strain on impacted enterprises, 100% rates exemption is being offered for flooded premises and temporary housing through March 31, 2024.
In summary:
While the reopening of ASDA offers Downpatrick some hope, the difficulties that companies confront present a sobering picture of reality. Many firms are experiencing anxiety as a result of the government’s delayed announcement of the second tranche of funds and the tardy transfer of cash. Although the people of Downpatrick have shown themselves to be resilient, the town will not fully recover from the disastrous floods until it has a prompt and all-encompassing assistance structure in place. The community is still focused on repairing and revitalizing Downpatrick’s dynamic spirit as they wait for more information on the support program.
