Our Commitment: 2026-31
London Bridge:
A Great Place for Business
We’re pleased to confirm that Team London Bridge has secured another five-year term following a successful 2025 BID ballot. With 97% voting in favour and a turnout of 72% by number of eligible businesses, this result shows strong support from local businesses and confidence in our shared vision.
Thanks to your backing, over £11 million will be invested into the area between 2026–31, helping us continue to build an engaging, safe and sustainable district.
Thank you to all who voted and continue to support our work.
A Breakdown of the Results
The 2025 BID ballot delivered a strong mandate for Team London Bridge:
- 97% voted in favour by number of votes cast
(98% by rateable value) - 72% turnout by number of eligible businesses
This result confirms the business community’s continued confidence in the BID and its role in shaping a thriving local economy.
Levy and Funding 2026-31
Team London Bridge and all BIDs are funded through an additional levy on eligible businesses within the BID boundary. This levy supports projects and services outlined in this Proposal.
Following the successful ballot, every eligible business occupying a hereditament (or business premises) of £22,000 or more in rateable value will pay an annual levy of 1.2% of its rateable value. The levy is capped at £90,000, for year 1, per annum for any one business occupying one or more hereditaments in the BID area. There are exemptions and relief for registered charities.
See all levy rules for 2026-31 here.
The BID levy will be collected by Southwark Council in the same way as business rates and be passed back to the BID Company.
Five Year Financial Forecast
Our Vision:
To make London Bridge one of the most safe, sustainable and engaging places for business and tourism in the world.
To achieve this, we are making three pledges:
01
Focus on people and the planet:
People make a place. We look at ways our services can support a safe, happy and healthy community of 60,000 people, creating a first-class place to work while maximising social impact. This is entwined with our efforts to lead London Bridge towards it’s goal of being a Net Zero district by 2030, in line with Southwark and Mayor of London targets, and strengthening our collective climate resilience.
02
Embrace creativity and collaboration
We have around 380 businesses working beside us in the area, they are all part of Team London Bridge, and we embrace their knowledge and drive. From security and health to tourism and the arts, our community includes experts in their own fields. We collaborate widely and use culture partners to promote, activate and entertain London Bridge.
03
Keep London Bridge at the heart of everything we do
Team London Bridge is a Business Improvement District (BID). This means that the businesses within the BID boundary pay a levy on their business rates to fund services in our area, designed specifically to support our community to thrive. We are stronger together.
What we’ve achieved so far
The BID Boundary Map 2026-31
The London Bridge BID spans from London Bridge to Tower Bridge in the north and beyond Guy’s Hospital in the south. It includes London Bridge City, Shard Quarter, the UK’s 4th busiest rail station, Tower Bridge, a warship, and 400+ businesses. View the map below to check if your business is within the boundary.
View the complete list of streets within the boundary here.
Thanks for all you do to create a lively, interesting and safe place for us to work and do business in. The area has come on so much in recent years, we are lucky to be located here. Really appreciate the connection to you and your team.
I just want to say a huge thank you for all your help. It’s amazing to see the impact your giveaway had. Our Instagram following has grown so much and has been fantastic. I’m so proud of the work you’ve done and couldn’t be more grateful for your efforts.
Thank you to Team London Bridge for organising this fantastic (volunteering) event and allowing us to be a part of such a meaningful project. Together, we’re making London Bridge not just a place to live and work, but a place to thrive.
Thanks to Team London Bridge we are more aware of what is happening in the local area and with their help and support London Bridge Hotel can fulfil part of our corporate social responsibilities within the local community.
Thank you so much for what you have achieved. It is amazing how you have built the local and strong community together and with so many out-reach elements vital projects. It is a massive contribution to the local area on so many levels.
Thank you for your support, PC Tom has been making great progress for us. We are seeing significant changes in the store.
It has been an absolute delight to witness the variously planted, hedgerows and grasses bring the gardens at the front of the restaurant back to life. The newly enlivened space really has brought people and plants together.
Team London Bridge has created a fantastic net zero routemap. The most exciting opportunity is large scale decarbonisation through a district heat network linking the major buildings and utilising the river Thames. I have been proud to be their chair of the Net Zero Steering Group.
The small grants programme from Team London Bridge has been vital in supporting us, and we are able to put funds directly to frontline support. We are also really grateful for the job Team London Bridge does in linking us with local businesses in the area.
Great events. Really interesting and engaging. A fantastic way to foster pride in our local area, keep it’s history alive and build community spirit. Top marks Tem London Bridge.
How can I thank you enough for making a dream come true and getting the concert organised last night! It was amazing and far, far better than I could have hoped for. As you may gather, I’m still buzzing.
