In several previous posts, I’ve looked in detail at some of the organisations that purport to represent business in the borough, particularly the Waltham Forest Business Board, and North London Ltd. It is fair to say that few of my observations have been very favourable. For example, I’ve never quite got my head around the fact that in the three years immediately after the directors of... »
Councils inevitably dispose of unwanted public assets from time to time, and it is always interesting to discover exactly how they do so, and who benefits. The following is a tale of what happens in Waltham Forest, and as might be predicted, it provokes more questions than it answers. On 14 June 2011, the LBWF Cabinet agreed to lease the Argall Avenue car parks to ‘BID’, a fair assumption being ... »
A couple of years ago, I started hearing some very surprising things about Leytonstone’s Business Improvement District (BID) company, the E11 Bid Co.. The allegation, in short, was that the directors of the company had failed to keep proper books and neglected to pay their taxes; run up substantial debts; and as a consequence jeopardised the company’s ‘going concern’ status... »