The borough council are looking into Rugby First's finances: http://www.therugbyobserver.co.uk/2014/12/03/news-Rugby-town-centre-firm-under-fire-during-review-122394.html

I believe Coventry BID was closed down. They made lots of promises and delivered nowt.

From what I could see (and from listening to friends in business) it was nothing more than yet another tax on struggling businesses.

I didn't even know Rugby or Coventry had BIDs; for that matter do Warwick, Leamington, Nuneaton, Bedworth & Atherstone have BIDs?

Hinckley certainly does (or did in 2013) and I think Nuneaton and Bedworth do because they cover the Bayton Rd estate.

Tonight's Telegraph refers to Coventry BID, so my earlier statement about it being closed down is incorrect. - Apologies. I misremembered this article. Link However, it does look as if it's been considerably scaled back.