A Business Improvement District is a defined area where businesses have voted to invest collectively in local improvements to enhance their trading environment. Constituted in UK law in 2004, BIDs provide extra services within their areas, funded via a BID levy charge, which is payable by non-domestic ratepayers. BID services are additional to the services provided by the public services and local authority.
Reading BID has been in operation since 2006 and commits to maintaining the added value services that have made the town centre more attractive and secure and which shoppers, visitors and our own business community have come to expect. In 2019 a second BID was voted in, covering the Abbey Quarter District.
John Lewis Broad Street Reading
