Abingdon becomes a Business Improvement District
Abingdon can go from strength to strength
Businesses in Abingdon have voted in favour of the town centre becoming a Business Improvement District.
This means businesses in the area covered by the improvement district will pay money into a pot, which will be spent on improving the town centre with the aim of making it a better place for people to come and shop.
The amount of money a business contributes depends on its size, and some types of business don’t have to pay. In total it will create almost £800,000 over the course of five years, all of which will be invested directly back into the town centre.
Councillor Sandy Lovatt, Leader of the Abingdon-on-Thames Town Concil said,
“A fantastic result for the Town and it gives the traders an independent source of funding support to promote Abingdon’s economy”.
The Abingdon BID Ballot results can be viewed by clicking here