This week the Chair of the City of London Police Authority joined City’s Business Ratespayers consultation meeting and proposed an increase in the Business Rates Premium of 0.4p to invest in security and policing in the City. This would add £135 to a £17k rates bill or 0.7% – lower than increases nationally.

As Deputy Chair of the City of London Police Authority I fully support this investment. The funding is needed in order that the City of London Corporation and the City of London Police can continue to invest in making the City the safest business district in the world. 
It is needed to invest in:

  • The new Sector Policing model that we have recently introduced – and that has delivered a significant improvement in patrols and local accountability. It gives every business and every resident named policing contacts in their Wards;
  • Partnership work on community safety issues, including suicide prevention, homelessness and road safety;
  • Expediting the delivery of the Secure City Programme initiative, which uses smart, state-of-the-art technology to increase camera coverage across the Square Mile to detect and prevent crime; and
  • Supporting the increase in the numbers of officers working in the City to keep us all safe – including increased visibility.

The vast majority of businesses I’ve spoken to support the increase which will need the recommendation from the City’s Finance Committee and approval of the Court of Common Council on 15 March 2022.