William Eichler 01 March 2023

Coventry City Council £1m loan at risk after culture trust goes bust

Coventry City Council £1m loan at risk after culture trust goes bust  image
Image: nrqemi / Shutterstock.com.

A trust set up to promote the cultural life of Coventry following the city's year as UK City of Culture in 2021 has gone into administration putting a £1m council loan at risk.

The Coventry City Council loan to the Coventry City of Culture Trust was aimed at securing the agreed arts and cultural legacy programme through until March 2024.

A council spokesperson said the local authority was ‘disappointed’ at the news that the trust was going into administration and was working with the administrator ‘to secure the best outcome we can.’

The spokesperson added: ‘It is important to remember that so many Coventry people and communities have benefited from the title. The city has also received tens of millions of pounds of additional funding we would not have received without being named UK City of Culture 2021.

‘We will work with partners, including creatives, arts and cultural organisations in the city, to understand what elements of the Trust’s planned legacy programme can be delivered and how we can collectively secure legacy for the city going forward.’

SIGN UP
For your free daily news bulletin
Highways jobs

Director of Neighbourhood Services and Communities

Essex County Council
Negotiable
Director of Neighbourhood Services and Communities - Maldon District CouncilMaldon District CouncilPermanent, Full TimeUp to £88,700 per annumLocation England, Essex, Maldon
Recuriter: Essex County Council

Casual Duty Managers (Sports Centres)

London Borough of Richmond upon Thames and London Borough of Wandsworth
£14.28 per hour plus 12.07% holiday relief pay al
Casual Duty Managers (Sports Centres)
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Community Support Worker - Centralised Safeguarding Triage

Essex County Council
£25395.00 - £32131.00 per annum + +26 Days Leave & Local Gov Pension
Community Support Worker - Centralised Safeguarding TriagePermanent, Full Time£25,395 to £32,131 per annumLocation
Recuriter: Essex County Council

Mechanical Engineer (Gas) - Harlow District Council

Essex County Council
Up to £450.0000 per day
Mechanical Engineer (Gas) Location, HarlowFull time, Temporary 6-12 Months £350.88 PAYE / £450.00 Umbrella Closing Date
Recuriter: Essex County Council

Principal Planner - Basildon Borough Council

Essex County Council
£50 - £55 per hour
Principal Planner - Basildon Borough Council Full-Time, Temporary 6 Months Contract 36.25 hours£50-£55 per hour Umbrella Closing Date
Recuriter: Essex County Council
Linkedin Banner