Bristol City Centre and Redcliffe & Temple BID’s partnership with cost-saving experts, Place Support Partnership (PSP), has led to Bristol businesses identifying combined savings of over £350,000.

Since the scheme’s launch in the city in October 2022, the support from the BIDs and PSP has helped more than 60 businesses identify substantial cost efficiencies, through providing a one-stop-shop for financial savings for companies within the office, hospitality and retail sectors. 

As a result, the collaboration between PSP and the BIDs has been renewed for 2024 – with further Bristol businesses set to benefit from reduced operating costs this year, thanks to the service’s cutting-edge resources, expertise and guidance. 

Both BIDs have continued the partnership to ensure that businesses in both Bristol City Centre and Redcliffe & Temple BID areas are able to thrive in the current economic climate.

PSP was founded in 2021, by Rishi Sood, who alongside his team has been commissioned by over 75 BIDs and local authorities, and in the process made millions of pounds worth of savings for businesses across the UK.