West End BIDs Expansion: Offices Join Retail
Update: 2025-12-31
Description
The New West End Company secures a five-year extension, boosting its business improvement district with a 50% increase in funding. The new term, from 2026 to 2031, will bring in approximately £60 million, thanks to the inclusion of office buildings in the levy. Property owners and occupiers with a rateable value of £400,000 or more now contribute a 0.8% levy, collected by Westminster Council. This expansion aims to enhance marketing, security, and cleanliness in the area, ensuring Londons premier shopping destination remains vibrant. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
