Business networks and BIDs
BID ballots
The BID ballot is a vote conducted by the eligible businesses within the BID area on whether they would like to establish a BID. The BID proposer will provide a proposal when announcing the ballot; the proposal will detail the arrangement the BID is proposing to establish and will detail their plan and levy arrangements.
A successful vote is one that has a majority both in votes cast and in rateable value of votes cast. Each business entitled to vote in a Business Improvement District ballot is allowed one vote in respect of each property occupied or (if unoccupied) owned by them in the geographical area of the Business Improvement District.
Most UK BIDs are established for five-year terms. On completion of the five-year term, a new ballot is held to see if the eligible businesses wish to continue being part of a BID.
The most recent BID ballot results are below:
|
Team London Bridge BID |
|
|---|---|
|
Date of ballot |
February 2021 |
|
The total number of valid votes cast |
288 |
|
The total aggregate rateable value of valid votes cast |
£149,267,350 |
|
The Total number of valid votes in favour of the BID |
274 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£144,392,800 |
|
The total number of ballot papers rejected (if applicable) |
2 |
|
Better Bankside BID |
|
|---|---|
|
Date of ballot |
November 2019 |
|
The total number of valid votes cast |
596 |
|
The total aggregate rateable value of valid votes cast |
£142,633,600 |
|
The Total number of valid votes in favour of the BID |
550 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£138,542,250 |
|
The total number of ballot papers rejected (if applicable) |
25 |
|
Blue Bermondsey BID |
|
|---|---|
|
Date of ballot |
July 2019 |
|
The total number of valid votes cast |
140 |
|
The total aggregate rateable value of valid votes cast |
£4,771,600 |
|
The total number of valid votes in favour of the BID |
91 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£2,932,550 |
|
The total number of ballot papers rejected (if applicable) |
0 |
|
South Bank BID |
|
|---|---|
|
Date of ballot: |
June 2019 |
|
The total number of valid votes cast: |
147 |
|
The total aggregate rateable value of valid votes cast: |
£87,214,500 |
|
The total number of valid votes in favour of the BID: |
145 |
|
The total aggregate rateable value of valid votes in favour of the BID: |
£86,173,500 |
|
The total number of ballot papers rejected (if applicable): |
21 |
|
We Are Waterloo BID |
|
|---|---|
|
Date of ballot |
February 2016 |
|
The total number of valid votes cast |
317 |
|
The total aggregate rateable value of valid votes cast |
£36,724,650 |
|
The Total number of valid votes in favour of the BID |
290 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£32,068,450 |
|
The total number of ballot papers rejected (if applicable) |
Not provided |
|
Team London Bridge |
|
|---|---|
|
Date of ballot |
October 2015 |
|
The total number of valid votes cast |
239 |
|
The total aggregate rateable value of valid votes cast |
£103,264,750 |
|
The Total number of valid votes in favour of the BID |
213 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£98,611,250 |
|
The total number of ballot papers rejected (if applicable) |
16 |
|
Better Bankside BID |
|
|---|---|
|
Date of ballot |
November 2014 |
|
The total number of valid votes cast |
320 |
|
The total aggregate rateable value of valid votes cast |
£78,515,509 |
|
The Total number of valid votes in favour of the BID |
283 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£59,610,009 |
|
The total number of ballot papers rejected (if applicable) |
1 |
|
Blue Bermondsey BID |
|
|---|---|
|
Date of ballot |
July 2014 |
|
The total number of valid votes cast |
90 |
|
The total aggregate rateable value of valid votes cast |
£1,903,000 |
|
The Total number of valid votes in favour of the BID |
80 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£1,615,250 |
|
The total number of ballot papers rejected (if applicable) |
0 |
|
Southbank BID |
|
|---|---|
|
Date of ballot |
June 2014 |
|
The total number of valid votes cast |
82 |
|
The total aggregate rateable value of valid votes cast |
£64,977,150 |
|
The Total number of valid votes in favour of the BID |
74 |
|
The total aggregate rateable value of valid votes in favour of the BID |
£61,757,150 |
|
The total number of ballot papers rejected (if applicable) |
5 |
*Please note, ballots for the Southbank and We Are Waterloo BIDs are administered by Lambeth Council.
Page last updated: 20 November 2023
