A HARDSHIP fund looks likely to be set up for Beeston businesses affected badly by tram works.
Independent traders in Chilwell Road and High Road have been left struggling since the road was closed.
Broxtowe MP Anna Soubry has been campaigning for financial help to be given to them.
In her newsletter to constituents, sent out last night, she said the city council had agreed to a hardship fund being set up.
It could mean £50,000 being given to the Beeston Business Improvement District.
Miss Soubry also said the council was prepared to raise the cap on compensation claims from £13,000 to £20,000.
Stephanie Wilkinson, manager of the former, said: "We welcome the news about this money.
"We aren't sure yet who should administer the money, whether it is ourselves or another organisation. We are in talks about that.
"Businesses are struggling with the road closure. People's livelihoods are at stake. We also want this area to be thriving when the tram work is finished.
"This will all contribute to that happening."
Julie Cameron, who runs Cameron House Gift Shop, first raised the idea of the hardship fund.
She said: "This is much needed. We want to ensure that businesses don't cease trading because of the road closure.
"The money offered is generous but I'm not sure it will be enough so I'd like to think there may be a chance of obtaining some more because businesses here are really struggling."
Emma Corbett, owner of the Relish Deli, said: "It is good that this money is being put up but I'd like to know more details about how you qualify. Basically what is the definition of hardship?
"I have lost trade, particularly in June and July when the tram works were right outside, so any money which I can obtain will be a big help."
