Big Hogmanay events in city face cutbacks
MAJOR Hogmanay events across Edinburgh face cutbacks after last year's iconic celebrations made a £500,000 loss.
The world-famous attraction made losses for a second consecutive year, with around 10,000 tickets going unsold and costly advertising campaigns, in a bid to sell them, further draining finances, it was reported today.
Organisers are now looking at axing events or scaling them back under plans to reduce the burden on taxpayers across the capital.
Hogmanay celebrations in Edinburgh brought an estimated 53 million to the economy in 2002/3, but that has reportedly shrunk to 32m.
Last year, no major events at the celebrations sold out – for the first time in history.
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Scottish independence: SNP flip-flops over Nato
- The Rumour Mill: Tuesday’s football news and gossip
- Rangers takeover: triple penalty punishment enough, says Johnston
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Wednesday 23 May 2012
Today
Sunny spells
Temperature: 12 C to 20 C
Wind Speed: 10 mph
Wind direction: North east
Tomorrow
Cloudy
Temperature: 12 C to 21 C
Wind Speed: 9 mph
Wind direction: North east
