Front Page

UK

World

Business

Sci/Tech

Sport

Despatches

World Summary


On Air

Cantonese

Talking Point

Feedback

Low Graphics

Help

Site Map

Thursday, February 5, 1998 Published at 11:32 GMT



UK

Halle saved from bankruptcy
image: [ The rescue was negotiated by the orchestra's trustees and the city council ]
The rescue was negotiated by the orchestra's trustees and the city council

Britain's oldest orchestra, the Halle in Manchester, has been saved from the immediate threat of bankruptcy.

A rescue package was hammered out between the orchestra's trust fund and Manchester City Council during a two-and-a-half hour meeting.


BBC Correspondent John Thorne says the new package will undoubtedly change the way the orchestra is run (1' 44').
A stop-gap payment of around £400,000 is believed to have been made.

The Halle is facing a deficit of more than a million pounds and made losses of around £600,000 in the last financial year alone.

An independent report on the orchestra's financial state, due to be released later on Thursday, blames the crisis on poor budgetary control.

The Halle's annual Arts Council grant has been frozen for the last five years and no extra money is being made available because of its difficulties.

The report from accountants KPMG will recommend a radical change in management, renegotiation of musicians' contracts and a review of ticket pricing.

Since its cash crisis was made public, the Halle has received hundreds of messages of support and offers of money.

The widow of conductor Sir John Barbirolli, who in the 1950s and 1960s led the orchestra to international stature, is one of those who stepped forward to help.

Last year the orchestra moved into its new home, the £42m Bridgewater Hall. The move was regarded as successful, with audiences averaging higher than 80%.








Back to top | BBC News Home | BBC Homepage

©

Relevant Stories

04 Feb 98†|†UK
The Halle: 140 years of musical tradition under threat

03 Feb 98†|†Business
Wrong note for Halle Orchestra

Internet Links

The Association of British Orchestras

The Arts Council of England


The BBC is not responsible for the content of external internet sites.
In this section

Next steps for peace

Blairs' surprise over baby

Bowled over by Lord's

Beef row 'compromise' under fire

Hamilton 'would sell mother'

Industry misses new trains target

From Sport
Quins fightback shocks Cardiff

From Business
Vodafone takeover battle heats up

IRA ceasefire challenge rejected

Thousands celebrate Asian culture

From Sport
Christie could get two-year ban

From Entertainment
Colleagues remember Compo

Mother pleads for baby's return

Toys withdrawn in E.coli health scare

From Health
Nurses role set to expand

Israeli PM's plane in accident

More lottery cash for grassroots

Pro-lifers plan shock launch

Double killer gets life

From Health
Cold 'cure' comes one step closer

From UK Politics
Straw on trial over jury reform

Tatchell calls for rights probe into Mugabe

Ex-spy stays out in the cold

From UK Politics
Blair warns Livingstone

From Health
Smear equipment `misses cancers'

From Entertainment
Boyzone star gets in Christmas spirit

Fake bubbly warning

Murder jury hears dead girl's diary

From UK Politics
Germ warfare fiasco revealed

Blair babe triggers tabloid frenzy

Tourists shot by mistake

A new look for News Online





UK Contents

Northern Ireland
Scotland
Wales
England