The E11 BID Co. apparently set to close, but big questions remain
Word reaches me that the E11 BID Co. directors have decided to throw in the towel, and shut their company at Christmas. If true, this is good news, for although the E11 BID Co. claims to have put its disaterous past behind it, there are still enough flaws in its functioning to give grave cause for concern. Well-run companies, for example, submit their accounts on time. But the visitor who looks up the E11 BID Co. at Companies House today is greeted by the following: Meanwhile the E11 BID2 Ltd. remains as big a mystery as ever. We know that LBWF now feeds this recently created entity the BID levy, true, but that is about all. Why exactly the company was set up, what its aims are, and how it i... »