Businesses vote to support BID Leamington for fourth term

Businesses in Leamington Spa have agreed to support the town’s Business Improvement District (BID) for the next five years, as it approaches a fourth term.

90 per cent voted in favour of continuing the scheme over a month-long postal ballot. This will ensure £1.8 million of collective investment for the town centre up to 2028, as well as the continuation of popular events and promotions like the Leamington Food and Drink Festival, Love Leam, and Christmas activities.

BID Leamington was first established in 2008, funded by retail and leisure business and properties in the area through an annual levy. It has since gained recognition as one of the most creative and innovative small BIDS in the UK.

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The team published a comprehensive five-year business plan ahead of the most recent ballot, which focuses on promoting and enhancing the town centre through support for the daytime and evening economy.

Stephanie Kerr, executive director of BID Leamington, said: “The team and I are very grateful for the trust and support the business community has shown by voting for a further five years.

“Looking forward we are determined to embrace the challenges and opportunities ahead and greatly value the help of the wider community who are visiting and supporting local businesses.

“Importantly, we will continue to offer all kinds of business support, lobbying, representation and place management including addressing vacant units, whilst welcoming new investment and working towards a sustainable and resilient future.”

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