Business improvement districts (BIDs) let businesses in an area develop local improvement plans. BIDs work together with partners to provide additional or improved services, such as extra safety, cleaning or environmental measures.
How a Business Improvement District works
Eligible businesses vote in a BID ballot to decide if they want to set up a district.
Most of the funding for any improvements and changes is provided from a levy. Sometimes funding comes from other public and private funding streams.
You can find out more information about BIDs on GOV.UK.
Business Improvement District ballot results
Business Improvement District for Clerkenwell and Farringdon
Declaration of result - 27 February 2025
As an agent of the ballot holder for the Clerkenwell and Farringdon Business Improvement District ballot I certify as follows:
- Total number of votes cast in the ballot, excluding any given on ballot papers rejected: 51
- Aggregate rateable value of each hereditament in respect of which a person voted in the ballot: £25,402,000
- Total number of votes cast in favour of the proposed Business Improvement District for Clerkenwell and Farringdon: 49
- Aggregate rateable value of each hereditament in respect of which a person voting in the ballot has voted in favour of the proposed Business Improvement District for Clerkenwell and Farringdon: £23,887,000
I hereby declare that the proposal to alter the Business Improvement District for Clerkenwell and Farringdon is approved.
A majority of the Business ratepayers in the proposed BID area who voted, voted in favour of the proposal, both by aggregate rateable value and numbers voting.
Charlotte McGhee
Consultant
Notes
The total number of ballot papers rejected was as follows:
- 3 - Unsigned, unmarked or void for uncertainty
Total: 3
Read the signed ballot declaration document.