Would you really like the BID company to have the powers to gamble your money on the stock market?

Do you really want to give the BID company carte blanche power to gamble your money on the stock market as they feel fit?

That’s exactly what the articles of association of other BID companies such as Minehead provide them the power to do, without referring to levy payers, and it’s most likely any Taunton BID company would also have this written into their articles of association unless you object. Given we have the BID Consultant Minehead used for setting up their BID, would you expect things to be much different? Would you be happy with this?

This is just one example of the expansive “no questions asked” powers all levy payers give the BID company so they don’t need to seek levy payers approval on how they operate as a private company.