Property within a quarter-mile of a professionally-staffed library is worth on average 8.8% more than an equivalent home not near a library, accounting for all other variables.
Source: University of Pennsylvania
SMALL BUSINESS SUPPORTS OUR LIBRARIES
We the undersigned are small business owners of Barnet and the North London Chamber of Commerce.
As businesspeople we know what it's like to struggle in tough times and have all had to make sacrifices and difficult choices. We therefore oppose Barnet's plans to close or reduce the five libraries -- East Finchley, Mill Hill, Child’s Hill, Osidge and South Friern -- that are showing the best growth of engagement with children and teens because it doesn't make good strategic business sense.
None of these libraries costs more than £150,000 a year to run - which isn’t even 10% what Barnet is spending this year on CCTV to give out parking fines. Each of these libraries serves thousands of people. Each of these libraries costs less to run than the £200,000 the Council spent on a 'Library Review' to close them. These libraries represent 0.27% of the Council's budget. We believe they are an investment worth making in our children, in our community, in literacy and in the prosperity of local businesses.
Please consider the following carefully:
These libraries add significant value to our community and our economy and are a low-cost investment for a better future. We need them.
Small business stands with Save Barnet Libraries.
Please do not close or damage them.
The North London Chamber of Commerce is an independent business membership organisation and we support the stand being taken as in our daily conversations with business the issue of recruiting staff with the right numeracy, literacy and employability skills is one of their biggest issues. We should be working alongside initiatives that support this agenda and encourage career and job opportunities with local business from the local community.
North London Chamber of Commerce
201 Hertford Road
Enfield EN3 5JH
To add your support as a small business owner, please enter your details below
According to Zoopla's average values, the loss of East Finchley Library alone could wipe off £4 billion off property value.