L

Lord Livermore (Lab)

Speaking in the House of Lords on 23 June 2025

Debate

Business Rates Reform

Contribution

I am grateful to my friend for his question. I will say honestly that I had not thought of it in that way before, but I can absolutely see the point that he is making. My noble friend started his question by talking about the important role that BIDs play. There are, as he knows, more than 340 BIDs now operating in the UK, which are cumulatively investing more than £154 million each year in their local areas. I think the type of initiative that he described is exactly the type of work that they, in some areas, do, and I am sure could do more widely. So I very much agree with the point that my friend makes.

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