Bb Leadership Network
British BIDs is th~ organisation dedicated to the BID industry focused pn thought leadership, research and market commentary We are leading th1eway on the development, management, re~ewal and evolution of Business Improvement Districts (BIDs) in Britain. BIDs are business-led partrershiPs focused on improving and enhancing commfrcial areas including town and city centres, commerclal locations and industrial estates. Recognising the ilportance of shared knowledge we I run a Leadership ~etwork for our premium members to enable high-level ,acilitated dialogues that serve to appropriately posItion BIDs and to provide lobbying and parliamentary liaison. Our premium members include advancedl BIDs together with experienced strategic partners and invited guests. The network focuses on curre1t relevant topics to the BID industry and publishes key messages arising from those dialogues.
Attended by: HammersmithLo don Ipswich Central I Paddington BID Team London Br1idge Waterloo Quarter Retail Experts: Jbnes Lang LaSalle & Alliance Boots Facilitated by: The Green Brain Chaired by: Britith BIDs For more inform~tion about the Leadership Network and to find out hbw t? join please emall contact@britishHids.info
Key issues raised included technology being a significant game changer; sustainability is a big risk, but also opportunity, for retail investors; diversification will be crucial to survival; quality (or true convenience) will out. Alliance Boots highlight some strong statistics about retailing footfall has been falling for 25 years in town centres; 40% of all consumer spending is now in supermarkets; and e-retailing is now accounting for 8 to 10% of the market. JLL forecast that figure to reach 30% by 2020. JLL's conclusion ... 'Shopping as we know it is dead. Long live consumption'.
The fifth Nationwide BID Survey launched at the British BIDs Annual Conference in November 2011 demonstrated the scale of the industry now in existence across the UK. For the financial year ~01 0/11 , the surv~y showed th~t an . estimated 60,000 businesses now contnbute throug~ BID levies across the, then, 112 BIDs. To date, 124 BIDs have come into existence and 33 have successfully renewed their mandate for a second term.
The success of BIDs is borne out of their truly 'local' understanding and activity. Their engagement with t~eir business communities is second to none providing a strong a~d cohesive business voice at the local level whilst providing many cost and efficiency savings to those businesses. BIDs help show the way through transparent governance; democratic accountability and constant engagement with their b~siness partners and local community.