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Originally Posted by Tealeaf
According to HBC Accounts, the markets (inc. Great Harwood) have racked up an operating loss of £580,000 in total over the last 2 years.
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I think that arose from the Council's share of funding the outside market redevelopment, because the loss was £502,000 in 2002/03 and £78,000 in 2003/04. They now have the ongoing cost of repaying the loan to pay for redevelopment, which has wiped out the profit.
When they applied to English Heritage a few years ago, the Accounts were showing the market to be profitable.