JANUARY INSIGHTS BY CHRIS TURNER


The New Year starts for everyone with the usual excitements and concerns – and for BIDs across the British Isles there are the same thoughts. Concerns over business rates and levy amounts, government policies in relation to BIDs and high streets, and the changing nature of the high streets and town and city centres we are looking after.

There have been no Ballots since the last Insight in December, but there are five coming up in the next few weeks: Linen Quarter (Belfast), InStreatham BID, Coventry BID, Bognor Regis BID, and Future Wood Green.

The New Year and the economy, much is currently being written on the future of town and city centres; the messages are complex and overlapping, ‘bricks and mortar’ is most certainly not finished and there are some great stories out there. John Timpson, one of the great bell-weathers of commerce says “Reports of dying high streets are well away from the mark, especially where the local authority realises the vital part a shopping centre has to play in the life of their community. Before academics, or indeed journalists, write any more articles about dying high streets and shopping centres that they claim are certain to fail, I suggest that they go out into the real world”.

As part of this story, Marks & Spencer is to open 20 large stores and create 3,400 jobs as part of a £500m plan to rejuvenate its presence on the high street after bumper Christmas trading. The company intends to open eight “full-line” stores, offering clothing, homeware and food, in shopping centres such as the Bullring in Birmingham and Manchester’s Trafford Centre as well as retail parks and high streets. A number of the stores will take over former sites occupied by the collapsed department store chain Debenhams.

Retail giants including Tesco, Sainsbury’s, M&S, Next and Asos have unveiled their Christmas trading results and despite the cost-of-living crisis looming large, the sector performed better than expected with very few posting sales declines. Retail Gazette keeps track of how the big businesses in the sector fared during 2022’s golden quarter and ranks the winners and losers and the data is available here.

At the same time, the number of independent bookshops in the UK and Ireland climbed to a 10-year high in 2022, as the book trade defied the odds in an otherwise brutal year for high street retailers. The lifestyle changes brought about by the coronavirus pandemic lockdowns were a boon for the book trade, as Britons with more time on their hands read more and sought out bookshops when they reopened. There are now 1,072 independent bookshops after the industry enjoyed a sixth consecutive year of growth, according to the Booksellers Association (BA). The resurgence followed a 20-year losing streak in which bookshop numbers sank to a nadir of 867 in 2016.

This is in contrast to some of the big online providers who are rethinking their income streams and closing parts of their business. Amazon’s reductions are the biggest by a big tech firm over the past year and the largest set of layoffs in the company’s history. The online retailer’s chief executive cited “the uncertain economy” for the move and said Amazon had “hired rapidly over the last several years”. The latest cuts follow a wave of redundancy announcements at tech companies in recent months, including 11,000 jobs at Mark Zuckerberg’s Meta, up to 6,000 at the computer maker HP, 3,750 at Twitter and 1,300 at the company behind Snapchat.

And the move to ‘experiential’ continues. Data suggests that live events are on course to defy the cost-of-living crisis. Soaring demand for must-go-to festivals and gigs, star-studded West End theatre shows and VIP tickets for events is sparking a spending boom despite the cost-of-living crisis. The live event industry, described as the first casualty of the coronavirus pandemic and the last to fully recover, is predicted to have a strong year in 2023 as people rein in spending on big-ticket items and holidays but still want a night out. Despite double-digit inflation and soaring bills, belt-tightening households are making sure they have enough set aside for a summer of fun. But it’s not going to be cheap.

All of this reinforces the view that we are now truly in the midst of interesting technological change that The Economist reckons is redrawing the boundaries of the firm, and that how and where we work is becoming very different . This is clearly evidenced in the return to the office after the pandemic lockdowns gathered pace in 2022 as hybrid working took hold at British businesses and employees headed to desks in suburban locations, according to figures from the workspace provider IWG. The average number of visits to IWG’s more than 300 UK workspaces climbed by 54% from January to November, as more workers split their time between home and office. Footfall at the company’s flexible workspaces has risen by 25% since June as office-based workers have gathered together more frequently during the working week. Tuesdays and Wednesdays remained the most popular weekdays for employees to work from the office, IWG found, and visits across these two days doubled from January to November. Workers are most likely to finish their working week at home and not attend the office on Fridays.

Policies the government is working hard to keep up with, a £1.4bn devolution deal for the north-east of England. This will bring seven local authority areas under the control of an elected mayor in 2024, Michael Gove has announced. The £48m-a-year deal for Northumberland, Durham, Newcastle, South Tyneside, North Tyneside, Gateshead and Sunderland on Wednesday came after months of negotiations over the new devolved area covering 2 million people. These moves from central to more local government allow BIDs opportunities to work at a more strategic level, with many coming together to plan and develop.

British BIDs events and training continue to grow and develop; with both the Certificate in BID Management and the Diploma in BID leadership refreshed, and a new group of five virtual workshops in communications joining the ten Academy Training courses. Further information is here and Shayni Langhelt is always happy to speak to people on Shayni.langhelt@britshbids.info or 07971 071921.


Professor Christopher Turner, Chief Executive, British BIDs

Latest Articles

DECEMBER INSIGHTS BY CHRIS TURNER

POSTED ON: 18/01/2023

NOVEMBER'S INSIGHT BY CHRIS TURNER

POSTED ON: 18/01/2023

10 key considerations from The National BIDs Conference

POSTED ON: 18/01/2023

October's Insight by Chris Turner

POSTED ON: 18/01/2023

A PRO-BUSINESS (AND NOT SO MINI) BUDGET FROM OUR NEW CHANCELLOR

POSTED ON: 18/01/2023

September's Insight by Chris Turner

POSTED ON: 18/01/2023

National BID Awards 2022

POSTED ON: 18/01/2023

August's insight by Chris Turner

POSTED ON: 18/01/2023

July's Insight by Chris Turner

POSTED ON: 18/01/2023

Leadership race: Businesses need competent hands on the tiller

POSTED ON: 18/01/2023

JUNE'S INSIGHT FROM CHRIS TURNER

POSTED ON: 18/01/2023

Greening our cities

POSTED ON: 18/01/2023

MAY'S INSIGHT FROM CHRIS TURNER

POSTED ON: 18/01/2023

Bringing back The Golden Mile in Belfast

POSTED ON: 18/01/2023

April's Insight from Chris Turner

POSTED ON: 18/01/2023

Industrial BID Members to meet at Penrith Industrial BID

POSTED ON: 18/01/2023

HINCKLEY BID: Attracting visitors through our annual pancake race

POSTED ON: 18/01/2023

March's Insight from Chris Turner

POSTED ON: 18/01/2023

February's Insight from Chris Turner

POSTED ON: 18/01/2023

Bb joins national campaign to encourage workers back to offices

POSTED ON: 18/01/2023

TURNING BUSINESS FOOD WASTE INTO VEGETABLES IN BOURNEMOUTH

POSTED ON: 18/01/2023

BACK TO PLAN A, NOW NO MORE TO-ING AND FRO-ING!

POSTED ON: 18/01/2023

January's Insight from Chris Turner

POSTED ON: 18/01/2023

Businesses need clarity from government in 2022

POSTED ON: 18/01/2023

Over 100 destinations urge UK government to deliver 'business booster

POSTED ON: 18/01/2023

December's Insight from Chris Turner

POSTED ON: 18/01/2023

Plan B: £4bn Loss Predicted for hospitality sector

POSTED ON: 18/01/2023

Small Business Saturday Spotlight: BRINGING FAMILIES TO TOWN WITH THE HELP OF SNOW QUEENS AND ICE FAIRIES

POSTED ON: 18/01/2023

Small Business Saturday: Wizard of Oz comes to Saffron Walden

POSTED ON: 18/01/2023

Small Business Saturday spotlight: Hidden crackers in Nottingham

POSTED ON: 18/01/2023

British BIDs and The Means are delighted with GO! Southampton BIDs successful ballot

POSTED ON: 18/01/2023

British BIDs to welcome new BIDs to the Ballot Buddy portfolio

POSTED ON: 18/01/2023

November's Insight from Chris Turner

POSTED ON: 18/01/2023

Unemployment is falling, but our recovery is patchy

POSTED ON: 18/01/2023

National BIDs Conference 2021

POSTED ON: 18/01/2023

Budget 2021 - letter to Chancellor

POSTED ON: 18/01/2023

October's Insight from Chris Turner

POSTED ON: 18/01/2023

High street app attracts thousands of visitors to Lanark

POSTED ON: 18/01/2023

September's Insight from Chris Turner

POSTED ON: 18/01/2023

Getting back on track

POSTED ON: 18/01/2023

August's Insight from Chris Turner

POSTED ON: 18/01/2023

The future health of our High Street Businesses

POSTED ON: 18/01/2023

July's Insight from Chris Turner

POSTED ON: 18/01/2023

Freedom day is coming… and BIDs are performing an incredible public service

POSTED ON: 18/01/2023

June's Insight from Chris Turner

POSTED ON: 18/01/2023

BIDlife

POSTED ON: 18/01/2023

Our rapidly evolving workspaces

POSTED ON: 18/01/2023

British BIDs appointed to support Swindon renewal ballot

POSTED ON: 18/01/2023

May's Insight from Chris Turner - 2021

POSTED ON: 18/01/2023

Indoor service please

POSTED ON: 18/01/2023

ACT NOW FOR A STAND-OUT LIGHTING DISPLAY THIS WINTER

POSTED ON: 18/01/2023

Evidence to The Housing, Communities and Local Government Committee on Permitted Development Rights

POSTED ON: 18/01/2023

Amazon clicks and thirsty punters… now for business rates

POSTED ON: 18/01/2023

Welcome people back to your high street with Plantscape’s floral displays

POSTED ON: 18/01/2023

High streets a part of life?

POSTED ON: 18/01/2023

BIDlife - Send us your reopening photos

POSTED ON: 18/01/2023

April's Insight from Chris Turner - 2021

POSTED ON: 18/01/2023

The Big Heart of Merthyr Tydfil BID and Northfield BID achieve Accreditation

POSTED ON: 18/01/2023

Maybe* - 7 ways to reconnect with your BID levy payers and their customers

POSTED ON: 18/01/2023

March’s ballot results – a congratulations from British BIDs

POSTED ON: 18/01/2023

Ballot Buddy helps achieve a new term for Sheffield BID

POSTED ON: 18/01/2023

British BIDs meets with UK's largest national chains

POSTED ON: 18/01/2023

March's Insight from Chris Turner

POSTED ON: 18/01/2023

Retail repositioning continues

POSTED ON: 18/01/2023

Colour and animation for magical lights this Christmas - GALA LIGHTS

POSTED ON: 18/01/2023

The recovery Budget delivered, where now for our towns and cities?

POSTED ON: 18/01/2023

£1bn Towns Fund for 45 areas in England announced

POSTED ON: 18/01/2023

February ballot results – a congratulations from the British BIDs team

POSTED ON: 18/01/2023

February's Insight from Chris Turner

POSTED ON: 18/01/2023

Letter on proposed new Permitted Development Rights

POSTED ON: 18/01/2023

Watford BID overcoming the challenges to secure a ‘YES’ vote

POSTED ON: 18/01/2023

BID ballots during lockdown

POSTED ON: 18/01/2023

Business Interruption Policy Checker, Christmas Support Payments and Lockdown Guidance and elections

POSTED ON: 18/01/2023

The headlines are gloomy, but our future evolved local high street looks exciting

POSTED ON: 18/01/2023

As we lose a retail icon, we must embrace the change

POSTED ON: 18/01/2023

January's Insight from Chris Turner

POSTED ON: 18/01/2023

Digital trends in 2021

POSTED ON: 18/01/2023

British BIDs and Industrial BIDs discuss crime prevention

POSTED ON: 18/01/2023

Government names 72 high streets in England to share £831m recovery fund

POSTED ON: 18/01/2023

A look back on 2020 BID ballots

POSTED ON: 18/01/2023

December's insight from Chris Turner

POSTED ON: 18/01/2023

#BIDlife - putting the spotlight on our towns and cities!

POSTED ON: 18/01/2023

How can and should BIDs be more community focused?

POSTED ON: 18/01/2023

Christmas lights provide feel-good factor in challenging times

POSTED ON: 18/01/2023

Welsh guidance about the coronavirus rules that will be in place from 6pm Friday 4 December

POSTED ON: 18/01/2023

Repurposing our places for the future

POSTED ON: 18/01/2023

Arcadia Group – Guidance for BIDs, 1 December 2020

POSTED ON: 18/01/2023

Calling on the Government to do more to support Retail, Hospitality and Leisure

POSTED ON: 18/01/2023

Increase your footfall over the festive period - Blachere Illumination

POSTED ON: 18/01/2023

The shop local and loyal revolution from Scottish fintech Miconex with Town and City Gift Cards and Mi Rewards

POSTED ON: 18/01/2023

November's insight from Chris Turner

POSTED ON: 18/01/2023

LoyalFree: The high street app helping businesses trade through the lockdown

POSTED ON: 18/01/2023

BID community prepares for second lockdown

POSTED ON: 18/01/2023

Job Support Scheme expanded to firms required to close due to Covid Restrictions

POSTED ON: 18/01/2023

Extended Coronavirus Job Retention Scheme - 1st November 2020

POSTED ON: 18/01/2023

British BIDs congratulates confirmed areas to receive new Town Deals Fund

POSTED ON: 18/01/2023

Paul Clement steps down from British BIDs after long-standing service

POSTED ON: 18/01/2023

October's Insight from Chris Turner

POSTED ON: 18/01/2023

British BIDs congratulates Melanie Beck on being awarded MBE for ‘Services to the Community’ during Covid-19

POSTED ON: 18/01/2023

BIDs in the news

POSTED ON: 18/01/2023

British BIDs and Industrial BIDs share best practice

POSTED ON: 18/01/2023

September's Insight from Chris Turner

POSTED ON: 18/01/2023

British BIDs requests extension of 'Eat out To Help Out' Scheme

POSTED ON: 18/01/2023

​Bb requests further BID term extension from MHCLG

POSTED ON: 18/01/2023

Bb to launch new research entitled 'Shaping the Future'

POSTED ON: 18/01/2023

Your Pontypridd Receives Accreditation

POSTED ON: 18/01/2023

August's insight from Chris Turner

POSTED ON: 18/01/2023

Levy reduction letter from BIDs - download the template

POSTED ON: 18/01/2023

Local lockdowns and areas of interventions: how to prepare

POSTED ON: 18/01/2023

British BIDs' response on levy payments

POSTED ON: 18/01/2023

British BIDs supports Business Resilience Survey

POSTED ON: 18/01/2023

Get involved in our response to Government

POSTED ON: 18/01/2023

Preparing for localised lockdown webinar follow up

POSTED ON: 18/01/2023

Look back on lockdown - BIDs (part 2)

POSTED ON: 18/01/2023

July's insight from Chris Turner

POSTED ON: 18/01/2023

Webinar with high street expert Bill Grimsey

POSTED ON: 18/01/2023

Ruth Duston joins British BIDs Advisory Board

POSTED ON: 18/01/2023

Towns Fund – updated guidance

POSTED ON: 18/01/2023

Look back on lockdown - BIDs

POSTED ON: 18/01/2023

June's Insight from Chris Turner

POSTED ON: 18/01/2023

From BBC news, to virtual meetings & training, we reflect on the past 3 months

POSTED ON: 18/01/2023

BBC News Channel - Professor Christopher Turner

POSTED ON: 18/01/2023

Industrial and Business Park BIDs share good practice with virtual networking sessions

POSTED ON: 18/01/2023

New research on BIDs and the 'new normal'

POSTED ON: 18/01/2023

Important announcement: MHCLG BID Loan Fund

POSTED ON: 18/01/2023

Ed Cooke joins British BIDs Advisory Board

POSTED ON: 18/01/2023

THAT WAS THE BB WEEK THAT WAS #9 (W/C 18TH MAY)

POSTED ON: 18/01/2023

THAT WAS THE BB WEEK THAT WAS #8 (W/C 11TH MAY)

POSTED ON: 18/01/2023

3R Toolkit; Driving recovery in your place

POSTED ON: 18/01/2023

THAT WAS THE BB WEEK THAT WAS #7 (W/C 4TH MAY)

POSTED ON: 18/01/2023

BIDs Advisory Board welcome Resilience Fund

POSTED ON: 18/01/2023

THAT WAS THE BB WEEK THAT WAS #6 (W/C 27TH APRIL)

POSTED ON: 18/01/2023

British BIDs announces new research into the recovery of BIDs and urban centres in the ‘new normal’

POSTED ON: 18/01/2023

British BIDs Announces BIDs Resilience Fund

POSTED ON: 18/01/2023

Government lobbying for BID levy relief during COVID-19

POSTED ON: 18/01/2023

THAT WAS THE BB WEEK THAT WAS #5 (W/C 20TH APRIL)

POSTED ON: 18/01/2023

New measures to protect UK high street from aggressive rent collection and closure

POSTED ON: 18/01/2023

British BIDs expands Ballot Buddy portfolio

POSTED ON: 18/01/2023

Sidcup BID achieve British BIDs Accreditation

POSTED ON: 18/01/2023

Government Survey - your help needed by 22nd April

POSTED ON: 18/01/2023

That Was The Bb Week That Was #4 (W/C 13th april)

POSTED ON: 18/01/2023

April's Insight from Chris Turner

POSTED ON: 18/01/2023

COVID-19 - Job Retention Scheme Update

POSTED ON: 18/01/2023

That Was The Bb Week That Was #3 (W/C 6th April)

POSTED ON: 18/01/2023

That Was The Bb Week That Was #2 (W/C 30th March)

POSTED ON: 18/01/2023

British BIDs' Ballot Buddy helps secure a 'yes' vote for West Bromwich BID

POSTED ON: 18/01/2023

The Coronavirus Act 2020 and what it means for BIDs

POSTED ON: 18/01/2023

That Was The Bb Week That Was #1 (w/c 23rd March)

POSTED ON: 18/01/2023

BID levy payments and COVID-19

POSTED ON: 18/01/2023

New Q&A sessions announced

POSTED ON: 18/01/2023

Communications support for BIDs

POSTED ON: 18/01/2023

British BIDs Guidance - Q&A

POSTED ON: 18/01/2023

Business Improvement Districts and their Coronavirus Response

POSTED ON: 18/01/2023

March's Insight from Chris Turner

POSTED ON: 18/01/2023

Join our live Q&A session this Friday

POSTED ON: 18/01/2023

COVID-19: An update for Business Improvement Districts (BIDs)

POSTED ON: 18/01/2023

British BIDs' response to the Chancellor's Budget

POSTED ON: 18/01/2023

British BIDs launches new Advisory Board

POSTED ON: 18/01/2023

Sunak urged to reform rates that ‘hammer’ local retailers

POSTED ON: 18/01/2023

February's Insight from Chris Turner

POSTED ON: 18/01/2023

British BIDs partners with Welsh Government

POSTED ON: 18/01/2023

Business Rates - a representation to the Chancellor for the 2020 Budget

POSTED ON: 18/01/2023

New year, new Christmas

POSTED ON: 18/01/2023

January's BID Insight from Chris Turner

POSTED ON: 18/01/2023

Celebrate our 10th birthday with us

POSTED ON: 18/01/2023

British BIDs support Plymouth City Centre BID at renewal campaign launch

POSTED ON: 18/01/2023

December's BID Insight from Chris Turner

POSTED ON: 18/01/2023

November's BID Insight from Chris Turner

POSTED ON: 18/01/2023

Digital Lego Trail successful boost to the City Centre

POSTED ON: 18/01/2023

Can your BID assist school/college leavers in their area to obtain employment locally?

POSTED ON: 18/01/2023

October's BID Insight from Chris Turner

POSTED ON: 18/01/2023

September's BID Insight from Chris Turner

POSTED ON: 18/01/2023

August's BID Insight from Chris Turner

POSTED ON: 18/01/2023

July's BID Insight from Chris Turner

POSTED ON: 18/01/2023

June's Insight from Professor Chris Turner

POSTED ON: 18/01/2023

British BIDs appointed to support West Bromwich BID for renewal ballot

POSTED ON: 18/01/2023

British BIDs appointed to support Sheffield BID with 2020 renewal ballot

POSTED ON: 18/01/2023

May's Insight from Professor Chris Turner

POSTED ON: 18/01/2023

April's Insight from Professor Chris Turner

POSTED ON: 18/01/2023

Debenhams Administration - Guidance for BIDs

POSTED ON: 18/01/2023

March's BID Insight from Chris Turner

POSTED ON: 18/01/2023

BID Loan Fund Workshops with the Ministry of Housing, Communities and Local Government (MHCLG)

POSTED ON: 18/01/2023

Housing, Communities and Local Government Committee - New Policy Issues

POSTED ON: 18/01/2023

Celebrating 25 Years in Christmas Lighting - Gala Lights

POSTED ON: 18/01/2023

February's BID Insight from Chris Turner

POSTED ON: 18/01/2023

InLinkUK - New to our Suppliers Portal

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - JANUARY

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - DECEMBER

POSTED ON: 18/01/2023

Thank you to our British BIDs members

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - NOVEMBER

POSTED ON: 18/01/2023

Autumn Budget 2018: Highlights for the BID industry

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - OCTOBER

POSTED ON: 18/01/2023

Ministry of Housing, Community and Local Government BID Loan Fund

POSTED ON: 18/01/2023

British BIDs appointed to support South Bank BID with 2019 renewal ballot

POSTED ON: 18/01/2023

Faster broadband underpins UK BIDs - Openreach

POSTED ON: 18/01/2023

National BIDs Conference by Ben Collins

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - SEPTEMBER

POSTED ON: 18/01/2023

Is slow broadband hindering your business and do you want to do something about it?

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - AUGUST

POSTED ON: 18/01/2023

Do Your BID’s Lights Need A Refresh?

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - JULY

POSTED ON: 18/01/2023

Applications for the 2018 Great British High Streets Awards are now open!

POSTED ON: 18/01/2023

Launch of the Second Grimsey review

POSTED ON: 18/01/2023

Launch of the Great British High Street Awards 2018

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - JUNE

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - MAY

POSTED ON: 18/01/2023

BUSINESS IMPROVEMENT DISTRICT INDUSTRY CELEBRATES 300 BIDS

POSTED ON: 18/01/2023

Check out our photos from the Professional Development Day

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - APRIL

POSTED ON: 18/01/2023

What you can discover on the new Bb website

POSTED ON: 18/01/2023

BID INSIGHT FROM CHRIS TURNER - MARCH

POSTED ON: 18/01/2023