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About Purley BID

A BID is formed to improve the business interest of a specific area by investing in services, projects and events. The BID is both business-led and business funded.

The BID is led by a board, whose members are predominantly from businesses in the area. It is funded by a levy applied to the current business rates, In the case of Purley BID this is set at 2% and looks to create an income for investment of £161,000 per year which would be ring-fenced for the exclusive use of the Purley BID area.

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