Find our key documents here
- Blue Bermondsey Financial Report – 26.09.2014 – 31.03.2016
- Blue Bermondsey Financial Report – 01.04.2016 – 31.03.2017
- Blue Bermondsey Financial Report – 01.04.2017 – 31.03.2018
- Blue Bermondsey Financial Report – 01.04.2018 – 31.03.2019
- Blue Bermondsey Financial Report – 01.04.2019 – 31.03.2020
- Blue Bermondsey Financial Report – 01.04.2020 – 31.03.2021
The renewal ballot was granted by the Ministry for Housing, Communities and Local Government and the local authority, after our consultation findings were sent to both for approval and the ballot was thereafter conducted independently by the electoral reform services. We asked eligible businesses to vote YES to a further term based on our proposal which was developed through feedback gained through pre-ballot consultation.
The ballot ran from 3rd June until 11th July 2019: the result was announced on July 12th and Blue Bermondsey BID was granted a second term.
The many achievements of our first term have demonstrated that together, the collective voice of local business does make a massive difference. In our second term we pledge to continue being at the forefront of important and exciting projects that bring benefits to our businesses and improvements to the area.
The origins of Blue Bermondsey BID began in 1997, when a small group of business owners, centred around the Blue Market and shops began campaigning on behalf of local business. Their pioneering efforts led to funding for the Market place to get a make over and many small community events being held in the area.
In 2008 the group formally constituted as the Blue Bermondsey Business Association (BBBA) and took a more pro-active role on many initiatives, most notably securing £700,000 funding into the High Street. The BBBA led on the project, forming steering groups, engaging the wider business sector and local residents, which resulted in improvements to Blue Market and shop fronts. Works also included the restructuring of Southwark Park Rd to bring more flexibility to parking with loading bays and of course the iconic Bermondsey Lion, that now symbolises the area.
Following this first major milestone, the BBBA began to broaden its work and networking activities, which led to awareness of Business Improvement Districts (BID’s) and began to develop the concept of a ‘BID for the Blue’. Three years of extensive business consultation and engagement followed and in November 2012 a BID steering group was established to produce draft proposals.
In January 2013 a feasibility study was conducted with local businesses to gauge support for a BID ballot with the results indicating significant support and in May 2013 our findings and relevant data were forwarded to the authorities and approved. In May 2014 our BID proposal was circulated to eligible businesses, followed by the official ballot papers which asked a simple yes or no to the proposals. On the 4th July 2014 Blue Bermondsey BID is elected for its first five year term.
If your business is paying the BID levy, you are welcome to propose projects to the board. In effect paying the Levy makes you a member but by formally registering you can vote at our AGM, stand for election to the board or partake in project working groups.