Coventry City of Culture Trust – administration

Coventry City of Culture Trust, the trust set up to run legacy projects following Coventry’s year as UK City of Culture in 2021, entered administration on 28 February, after having failed to find solutions to its financial challenges. Armstrong Watson were appointed as Administrators. The Trust received a £1m loan from Coventry City Council in October, while its finances have recently become the subject of a Charity Commission probe. 50 workers have been made redundant.