Lambeth council is working with the borough’s businesses to challenge the government over the impending huge hike in business rates.

The business rate revaluation, which is due to come into force from 1 April next year, will see some businesses in Lambeth face an immediate 45% hike in business rates, with the average rise being around 35%.

To find out more and sign the petition please see the below; 

http://love.lambeth.gov.uk/rates-rise/

https://www.change.org/p/secretary-join-our-campaign-against-the-rates-hike?recruiter=304964825&utm_source=share_petition&utm_medium=copylink

West Norwood businesses say YES

We are delighted to share that yesterday the businesses in West Norwood and Tulse Hill voted to form a Business Improvement District (BID). The vote was 76% in favour of the Station to Station project which encompasses over 300 businesses.

A BID is a not-for-profit collective of local businesses, enabling business to come together and collectively lobby for improvements, contribute to and spend a shared fund as well as take the lead in shaping the community to allow local businesses to thrive.

There are currently over 47 BIDs in London and in Lambeth there are BIDs in Vauxhall, Brixton, Streatham and Clapham. Improving the business community is a priority for us as your local Labour councillors. We campaigned for investment in local businesses and for the development of a BID as candidates in 2014 and have been working hard on delivering it since.

Cllr Fred Cowell as the West Norwood Neighbourhood Lead has been working really hard with local businesses and the Means consultancy, along with many other hard working volunteers from the business community, to make this happen. It has been hugely valuable to have a local neighbourhood lead councillor to drive this forward and ensure momentum. For example, in April the BID steering group were able to launch a fashion show in at the Portico Gallery, showcasing designs made in Norwood.

We are looking forward to working with the BID when it starts in work in September and hope to see many more successes in the future.