Our report appears in the first monthly Mayor of London Business Improvement District newsletter.
Working with the Association of Town & City Management (ATCM), we prepared a report for the Greater London Authority (GLA), entitled London’s Business Improvement Districts. The GLA recognises that, if it is to engage more actively with BIDs as a means to encourage economic development in London, it must understand where BIDs are, what they do and how they are developing, the contribution they make to the local economy, and the potential to increase their impact with additional support.
The research that formed the basis of our report was commissioned to:
- Analyse the functions of current BIDs in London;
- Make comparisons of BID areas with adjacent non-BID areas and consider the impact BIDs have on neighbouring areas;
- Analyse what makes a BID successful, areas for development, and knowledge transfer between London BIDs;
- Review alternative models for supporting town centres and other business areas (including the concept of Super BIDs and the Government’s response to the Portas Review);
- Identify future planned BID developments; and
- Consider what support might be provided for BIDs to increase their impact.
Read more here.
Client: Greater London Authority (GLA)