Bexleyheath Business Partnership Ltd. is a not for profit company owned by
Bexley council. It has been around for nearly three years and imposes a levy on
Bexleyheath’s traders to fund its so called Business Improvement District (BID).
Its head honcho is Ian Payne, the Conservative Deputy Mayor of Bromley who admits on his
Register of Interest on Bromley’s website to being an employee of Bexley council.
The Partnership is credited with having raised the £20,000 for the new Queen’s bust on the Clock Tower although there have been reports from insiders that he merely acted as a money channel for council tax cash.
Contrary to expectations the BID has overseen a sharp reduction in retail sales.
It will be interesting to see how wisely your money has been spent but you will have to be patient. BID’s accounts are overdue.
Is the BID busted?