Out of the Box and Over the Margin Creative Potential

The Old Market opened its doors in 1998 with a capital debt of £2.3m. That debt has steadily been reduced over the last ten years and now stands at £1.4m. The debt is financed through borrowing with Barclays Bank against the value of the building.The Old Market Trust has never received any revenue funding for its activities despite regular request to both Brighton & Hove City Council and The Arts Council of England. These requests have been met continually by both organisations stating that although they are supportive of the arts and community use of the building, they cannot support a project with such a capital deficit.

via Brighton & Hove City Council – Petition Display.