Business Support and Cost Savings Hub

Supporting Businesses to Reduce Costs

Our partnership with PSP aims to work with you to identify and realise savings when considering new contracts and choosing suppliers. We can also support you to navigate the current cost of living crisis and achieve the best value on services like electricity, gas, water and telecoms. Since the beginning of this project in late 2022, PSP have identified over £66,000 in savings in the BID area and over £122,000 across the city centre.

Get in touch to start saving.

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From 1 October 2023 businesses must no longer supply, sell or offer certain single-use plastic items in England. You can prepare your business for the new rules by:

  • using up existing stock before 1 October
  • finding re-usable alternatives to single-use items
  • using different materials for single-use items
Read more


You can now see the rateable value for your business property. The Valuation Office Agency (VOA) has updated the rateable values of all business, and other non-domestic, property in England and Wales.

These future rateable values took effect from 1 April 2023.

Check your rateable value

UK Government Support for Energy Costs

Statement on UK government support for energy costs – from IPM and The BID Foundation

The Prime Minister has announced a support package to deal with the rising cost of energy and imminent change to the energy price cap.

The Institute of Place Management and The BID Foundation has responded to this announcement and you can read their perspective on the range of measures on their website.

Read The Full Article Here

Business SOS

Businesses count down the days as imminent collapse of the High Street may become a reality.

Following rumours of an energy prize freeze, over 150,000 businesses from across the UK are urging Government to act on spiralling energy costs which are proving more detrimental than the pandemic. The #BusinessSOS campaign warns of mass closure and redundancies if immediate and effective action isn’t taken – the true situation that Britain faces today.

Read more about the Business SOS Campaign Here


Through the West of England Combined Authority, a range of support and funding options are available to help SMEs cut costs and become more energy efficient, including:

  • Carbon surveys – free impartial support to find ways of reducing greenhouse gas emissions and energy costs.
  • Green business grants – funding to make energy savings and carbon reduction improvements to your buildings and operations.
  • Rooftop solar grants – funding to install solar panels on larger commercial and industrial buildings.
  • Heat pump grants – funding to install low carbon heating systems.
  • Energy bill advice – get in touch to talk about ways to reduce your businesses energy costs.


Read the latest reports related to business costs.

Energy Pricing Report

Place Support Partnership (Jan 2023).

Read more

Autumn Statement Summary

A series of fiscal measures that will have an impact on high streets and BID areas (Nov 2022).

Read more

Energy Report Update

Place Support Partnership (Sept 2022).

Read more