Letchworth BID Reballot
It has been almost five years since the Letchworth BID first came into existence. Since then there have been a huge number of changes and some challenging times for businesses. At the start of the BID we were emerging from a period of economic recession and then, more recently, the aftermath of the ‘Brexit’ vote and the uncertainty which has followed.
BIDs in the UK can only last for a maximum period of five years before being renewed. The current Letchworth BID term is due to come to an end on 31st March 2019.
If you want the BID and its collective influence and all its associated benefits to continue and support your business you will need to vote for it. If the vote does not get sufficient votes in favour both by number and rateable value, the BID and ‘Love Letchworth’ will stop as of 31 March 2019.