Entertainment venue loses £800,000 in three years
Yorkshire Post - almost 6 years
One of the East Coast’s premier arts and entertainments venues made losses totalling more than £800,000 in the past three years. Figures show that Bridlington Spa, which reopened to the public in May 2008 after a £19.5m revamp, needed a taxpayer-funded subsidy of £416,087 in the first full financial year after reopening. That fell to £214,751 last year. Up to the end of February, this financial year, it made a loss of £204,940, despite sell-out concerts by performers including Jessie J, John Barrowman and Jason Manford. East Riding Council says it wants the venue – which hosts the Yorkshire International Business Convention and the British Open Darts Championships – to eventually be self-financing. The Spa was among the most visited cultural venues in the East Riding last year with more than 300,000 visitors, boosting the local economy by an estimated £12m. Nigel Leighton, director of environment and neighbourhood services, said: “Since The Spa Bridlington’s refurbishment, the ...
Article Link: Yorkshire Post article