Coventry city of culture trust enters administration

1 year ago 48

Trust responsible for overseeing legacy projects received £1m loan from city council in October

The trust responsible for overseeing legacy projects from Coventry’s year-long UK city of culture celebrations has entered administration.

It has faced financial difficulties for a number of months and in October received a £1m loan from Coventry city council after reporting “short-term cashflow problems”.

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