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PRIVACY
Enterprise

Plymouth businesses vote to continue city centre BID for five years

Despite retail turmoil a BID ballot receives an even bigger mandate than it did in 2015

Plymouth city centre seen from the air(Image: Penny Cross)

Businesses in Plymouth city centre have overwhelmingly voted to continue a Business Improvement District scheme for another five years despite the turmoil in the retail industry.

In fact, more businesses backed the Plymouth City Centre Business Improvement District (BID) than voted for it at the 2015 ballot.

The City Centre BID was one of the first BIDs in the º£½ÇÊÓÆµ when it was set up in 2005 and has now been voted in for a fourth term.

In the 2020 ballot, 84% of businesses in the Plymouth city centre BID area voted “yes” - up from 70% five years earlier.

Plymouth city centre's New George Street(Image: William Telford)

The “yes” vote by rateable value was 78%. For the BID to be approved two tests had to be met: more than 50% of those who voted had to vote “yes” and they must represent more than 50% of the total rateable value of all votes cast.

The 2020 turnout was 54%, which was 13% higher than in 2015 and above the national average turnout for a BID election.

The BID business plan will now be put into action, and aims to fight back against the decline of bricks-and-mortar retail by turning the city centre into a community hub with new uses found for empty shops and a regular programme of outdoor events.

The Plymouth City Centre Company said the main shopping area, like many around the country now blighted by empty shops and closed businesses, must be reinvented as “the heart and soul of the community”.