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Liverpool BID Company unveils £5m investment plan ahead of ballot

Liverpool BID Company has launched a business plan ahead of the ballot for another term of the Retail & Leisure BID.

A further £5 million of investment to boost footfall and improve safety and cleansing has been proposed for the city centre area if businesses back the BID in the June vote.

It would be the fourth term for the BID, which incorporates areas including Bold Street, Church Street, Williamson Square, Queen Square, Clayton Square, the Cavern Quarter, St Johns and the Metquarter and represents more than 600 BID levy payers.

A programme of events to attract local, national and international visitors to the area is among proposals, along with a dedicated on-street team to clean the district.

Bill Addy, chief executive of Liverpool BID Company, says: “Liverpool’s retail and leisure sector has transformed over the last 10 years – what with the arrival of Grosvenor’s Liverpool ONE and the tourism boom following Capital of Culture. Now more than ever is it imperative that we do not lose momentum.

“As set out in the BID Business Plan, the Liverpool BID Company has a key role to play in supporting our levy payers in the rapidly changing landscape of the high street, providing additional services to support cleaner and safer streets, along with a well promoted and animated city centre that encourage repeat visitors.

“This is now more important than ever when in this current climate difficult austerity measures have been placed upon our local authority and police service. We must all work together to improve our city.”

Levy payers will vote in the postal ballot from 29 May to 28 June and, if given the go ahead the next BID term will run from 1 November 2018 until 28 June 2018.