Kingston's business area bid
The first town in the country to vote on whether to adopt a Business Improvement District (BID) began balloting local businesses this week. Around 630 business ratepayers in Kingston upon Thames (above) in south-west London are being encouraged to vote in the ballot, which, if approved, will come into force on 1 January 2005. Under a BID, business ratepayers in a designated area are required to pay a one per cent supplement on the rateable value of their premises into a pot of money that will be used to improve the area.
Sign in to continue