Published: 4th May 2020

The government will give Business Improvement Districts (BIDs) £6.1m of funding to spend on projects that will help their local economies through the coronavirus pandemic. Many BIDs are playing a crucial role during the crisis, offering support to affected businesses, including advice services to protect businesses that have closed. They have also been providing intelligence to local and central government on the impact of the coronavirus outbreak on their local economies. High Streets Minister Simon Clarke said: The government has announced a comprehensive programme of support for businesses to help them deal with the economic impact caused by the COVID-19 pandemic and today we are extending that support to Business Improvement Districts. ‘BIDs are uniquely placed and have a proven track record of success in supporting local businesses, empowering communities, championing our town centres and driving forward the renewal of our high streets. ‘It’s only right that during these unprecedented … (To read the full article, subscribe below)