Reading BID 2014-19

In February 2014, Reading businesses voted overwhelmingly to renew the Reading Business Improvement District. Reading UK CIC was the proposer for the renewal of the BID 2014-19 and, in partnership with member businesses, will manage Reading BID for a further five years, from 1 April 2014. 

Steve Belam, Chair of Reading UK CIC and General Manager of The Oracle shopping centre, said: “Reading businesses have recognised the value that the BID has brought to Reading over the past nine years. They have voted overwhelmingly to continue investing in the town centre which will ensure Reading retains its position as a great place to live, visit, work and do business."

81% of businesses voted in favour of the BID renewal proposal and 83% of the aggregate rateable value was also cast in favour. Read the formal result.

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The Reading BID 2014-19 renewal proposal details the services and funding that will ensure Reading town centre is more secure, connected and attractive. The renewed BID will also deliver a dedicated programme to support the night-time economy in Reading and will drive increased business to all sectors of the town centre economy.

The BID 2014-19 will:-

  • develop new approaches to combating crime, increasing footfall and suporting the night-time economy
  • maintain the added value additional services that have made the town centre more attractive, more secure and which shoppers, visitors and our own business community have come to expect
  • engage the wider business community located within the IDR in Reading and those investing in Reading to create a more cohensive, joined up and better resourced town centre

The timetable of the BID renewal process:- 

  • Autumn 2013 - BID member consultation 
  • 9 January 2014 - ballot notice mailed to BID businesses / BID proposal launched 
  • 22 January 2014 - ballot papers mailed to BID businesses
  • 23 January 2014 - ballot opens
  • 20 February 2014 - ballot closes
  • 21 February 2014 - result announced
  • 1 April 2014 - BID 2014-19 would commence

Find out more:-

Download the Reading BID 2014-19 renewal proposal.

Get in touch:- 

bid@livingreading.co.uk / 0118 937 4462

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