British Chambers of Commerce director general, David Frost, has spoken out in support of the decision in Kingston to establish the first UK Business Improvement District (BID).
He said, “We welcome the vote to establish a Business Improvement District (BID) in Kingston-upon-Thames and hope there will be other similar votes over the coming months. The BCC initially suggested BIDs to the Government as an alternative to a supplementary business rate and we were very pleased when they were selected for implementation.
"We believe that BIDs can be a success. If implemented correctly, BIDs will provide services and facilities that are additional to existing local authority services. If successful, the community, businesses and landowners within the BID will reap many benefits including a more attractive, vibrant, cleaner and safer environment. In turn, this could increase the number of visitors, improve the trading performance, raise property values and attract inward investment to the BID.
"For business to operate successfully at a local level, we need strong links between all parts of the community and BIDs have the potential to boost such relations and improve the business environment. If the pilot projects can kick-start the process, and demonstrate success, then other localities will follow suit. In turn this has the potential to contribute to a reinvigorated, and increasingly democratic and accountable local politics, which is in all of our interests."
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