Lincolnshire County Council’s main tourism body has been forced into administration after losing almost £670,000 in funding.
Directors of Visit Lincolnshire said there was “no prospect” of getting enough money to continue operating after March 2011.
The group, which promotes Lincolnshire’s GBP1 billion tourism industry, said it would formally lodge a notice of intention to appoint administrators.
East Midlands Development Agency, which is being axed, has cut its £400,000 grant to the group while the county council has axed its £268,000 in funding. A final decision on budget proposals will be confirmed in February 2011.
- Source: mediapoint.press.net/article.jsp?id=7346945
- Posted by: Chaminda Jayanetti at 2:14pm on 26 January 2011
Does this cut affect you or someone you know?