We represent 564 businesses across 45 streets from these sectors – arts & culture, health and beauty, food and drink, retail and entertainment, media & creative, education and training, and professional and business services.
WHAT IS ANGEL.LONDON
We are responsible for the Angel, creating a sense of place to encourage inward investment and attract businesses here. Our thriving, sustainable area offers commercial advantage for business owners and occupiers, and an enjoyable and secure place to work live and visit.
In 2007 businesses voted overwhelmingly to set up a BID to improve the trading environment. The ideas were simple – making it safer, cleaner and brighter. In 2011 they voted overwhelmingly for us to continue with our work, and in 2016 they again voted resoundingly for us to continue.
Today we are not only delivering those efficiently but adding value and offering tangible benefits for all our members, large and small, charities. We enhance the work of charities and community groups, and the Angel extends a warm welcome to all.
The BID area map
WHAT IS A BID?
There are over 210 BIDs in the UK. A BID is a geographical area in which local businesses have voted to invest collectively to improve the environment for commercial activity.
An organisation – such as angel.london – is then formed to deliver these improvements, answerable to a board of local business people.
Those services are identified and requested by those member businesses, who pay a levy to fund them. They are additional to those already provided by the police and local authority. Services may include extra safety, cleaning, environmental improvements, or member benefits.
Every five years, members vote to continue the BID for another five years. The BID at Angel was established in 2007, voted in again in 2011 and 2016.
WHAT YOU PAY
All businesses whose premises have a rateable value over £25,500 are statutorily required to pay the BID levy annually.
The liability falls on the person who pays the business rates. Landlords of empty properties are liable, as are any new business ratepayers coming into the area during the term of the BID.
Rates range from £250 and are capped at £25,000. Charities pay 1%.
Smaller businesses are exempt but are welcome to pay a voluntary membership of £250 to join the BID and receive our services. We have at least ten voluntary members for whom joining makes great economic sense.
You decide and direct how BID money is spent
angel.london Police Team reducing crime
Six days a week - because we care
Improved attraction of high quality staff
Higher potential consumer spend
Planning and environmental issues
Fly-tipping or graffiti outside your business
We’re determined that everyone benefits