Halifax's Piece Hall reveals £700,000 loss after lower than expected gig profits

Yorkshire Post

The trust behind Halifax’s Piece Hall has recorded a £700,000 loss in its latest accounts – with lower than expected profits from gigs and an "extraordinary increase” in energy costs and inflation blamed. The new accounts for the Piece Hall, which reopened in 2017 after a multi-million pound restoration project on the historic Grade I listed site, cover the 18 months to September 30, 2024.   The Piece Hall made £9.3m of income over the period but its expenditure was £10m, increasing its existing deficit on its funds from £2m to £2.75m. Read the full story via: https://www.yorkshirepost.co.uk/business

Transcript

00:00So you may know the Peace Hall well. Amazing building in the heart of Halifax that reopened

00:06in 2017 after huge regeneration projects and in recent years it's become a huge gig venue.

00:13The likes of Noel Gallagher, Blondie, McFly, even Limp Bizkit have played there and it's become

00:22kind of a really big part of the touring schedule for a lot of bands coming back time and time

00:27again. However the charitable trust behind the Peace Hall has just put out its latest accounts

00:33for 18 months up to September last year. They say they've lost £700,000 and part of the reason for

00:40that is lower than expected profits from gigs. So they're looking for more money from Calderdale

00:46Council, more public cash to support their work but they're also considering other options to kind

00:51of balance the books including charging for toilets at the Peace Hall. So anyone familiar with the

00:55Peace Hall, interested to hear from you what more could be done at the Peace Hall to help it have

01:01a sustainable future. Love to hear your thoughts.

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