This meeting took place on 13 October 2015. Read the transcript here.
With the Chancellor’s recent announcement that business rate powers are soon to be devolved to local government - councils will be responsible for setting rates. They will retain revenue, currently worth £26 billion nationally.
Business Improvement Districts (BIDs) are areas where local businesses vote to collectively improve an area with the aim of encouraging vibrant high streets and business growth. They have a distinct role, set apart from a local authority.
So, will this devolution challenge the very principle behind BIDs? Will this change the relationship between BIDs and local authorities?
The London Assembly Regeneration Committee will tomorrow discuss the role of BIDs, including their achievements and concerns with their governance and accountability with the following guests:
- Dr Julie Grail, Chief Executive, British BIDs;
- Debbie Jackson, Assistant Director – Regeneration, Greater London Authority (GLA);
- Anna Minton, Writer, Journalist and Reader in Architecture, University of East London;
- Ros Morgan, Chief Executive, Kingstonfirst BID; and
- Cllr Guy Nicholson, Cabinet Member for Regeneration, London Borough of Hackney.
The meeting will take place on Tuesday, 13 October at 10:00am in Committee Room 5 at City Hall (The Queen’s Walk, London SE1).
Media and members of the public are invited to attend. The meeting can also be viewed via webcast.
Notes to editors
- Full agenda papers
- Gareth Bacon AM, Chairman of the Regeneration Committee is available for interview. See contact details below.
- As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.
For media enquiries, please contact Lisa Lam on 020 7983 4067. For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer. Non-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.