Economy & Enterprise

Stories about Economy & Enterprise

First post-pandemic city council visitor facilities performance report published

A report on the financial performance of visitor facilities owned and run by Exeter City Council has been published for the first full year since the pandemic in which they operated without any restrictions.

Exeter Corn Exchange still loss-making despite increased ticket sales

City council-owned and run Exeter Corn Exchange, which hosts live performance and other events, made a net loss in 2023-24 despite an increase in ticket sales.

Matford Centre nets nearly £900,000 for city council

The council-owned Matford Centre made a surplus of £871,000 on income of £1,132,000 during 2023-24.

InExeter Business Improvement District operational area map crop

InExeter fifth term ballot budget agreed

Exeter City Council has approved a £7,000 budget to run a ballot for local businesses to decide whether Exeter’s Business Improvement District should continue to operate for a third five-year term from April next year.

Exeter Science Park main building

Council sinks additional £1.25m into struggling Exeter Science Park as company unable to repay £7m debts

Serial scrutiny failures continue as emergency meeting held to increase city council exposure to joint venture to more than £2 million on top of £450,000 project costs plus £950,000 guarantee but rescue plan risks repeating earlier strategic mistakes.

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