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Manchester Pride has been put into voluntary liquidation – and the future of the event is now in doubt.
Artists and suppliers are owed money following this year’s event, according to an Instagram statement issued by Pride’s board of trustees.
Pride’s organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro Pride as factors behind the decision.
The organisation is a charity and limited company that campaigns for LGBTQ+ equality and offers training, research, policy analysis, advocacy and outreach activities, as well as putting on the annual parade and live event.
Manchester Pride has been put into voluntary liquidation – and the future of the event is now in doubt.
Artists and suppliers are owed money following this year’s event, according to an Instagram statement issued by Pride’s board of trustees.
Pride’s organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro Pride as factors behind the decision.
The organisation is a charity and limited company that campaigns for LGBTQ+ equality and offers training, research, policy analysis, advocacy and outreach activities, as well as putting on the annual parade and live event.
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Rajan Rawat was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP).
After several rounds of reconstitution and extensions, the Committee of Creditors (CoC) comprising Azim Premji Trust, IDFC First Bank, JC Flowers ARC, State Bank of India, Goraj Automation Pvt. Ltd. and Siemens Factoring Pvt. Ltd. approved Reliance Retail’s resolution plan with 91.76% votes in favour in its 37th meeting held on March 4 this year.
Can a contractor pursue insolvency proceedings where the debt is disputed and an arbitration clause exists? This was the central issue before the Court of Appeal in Kwale International Sugar Company Limited v Epco Builders Limited & 2 Others [2025] KECA 227 (KLR), a case with implications for contractors, employers and legal practitioners navigating construction disputes.
In 2012, Kwale Sugar contracted Epco Builders (Epco) to construct a sugar factory under a KES 2.22 billion Engineering, Procurement and Construction (EPC) agreement. A dispute arose over alleged non-payment of KES 712 million. Epco issued a statutory demand and subsequently filed an insolvency petition seeking liquidation of Kwale Sugar. Kwale Sugar applied to set…
‘We are very distressed at the position in which we find ourselves’
Manchester Pride has announced that the company has entered the process of voluntary liquidation, after it emerged that several of this year’s performers had gone unpaid.
The hugely popular LGBTQ+ event, which spills from the Gay Village and into surrounding venues every August bank holiday weekend, said it has faced ‘rising costs, declining ticket sales, and an ambitious refresh of format’.
In a statement posted on social media this week (October 20), the Bishop’s Stortford festival announced its 2023 edition “will now prove to have been the last”.
The statement continues: “Due to significant financial losses sustained in 2022 and 2023 we were unable to run the festival in 2024 and 2025.
“For the last 18 months we have engaged with a number of potential investors to continue the festival, including one party for the last 13 months.
Eurovision 2022 runner-up Sam Ryder is one of the long list of artists who have performed on the main stage over the years. (Image: Standon Calling)
“With huge regret, additional investment has not been secured and we are left with no other option than to put the company…
‘We had hoped to be able to find a way to continue’
A statement on the future of Manchester Pride has been issued(Image: Kenny Brown | Manchester Evening News)
The team behind Manchester Pride have begun the process of entering into voluntary liquidation, it has been announced this afternoon – with the future of the event now in the balance.
Last week, the charitable organisation’s Board of Trustees issued a statement admitting that they were ‘currently in the process of determining the best way forward with our legal and financial advisers’.
The statement came following a ‘period of silence’ from the team with regards to communication with the hundreds of artists who performed at this year’s festival, which ran across the…
Australian Regional airline Rex has a US buyer, administrators have confirmed.
The announcement on Tuesday evening comes more than a year after the airline entered voluntary administration.
Air T – which operates a number of aviation businesses in the US – has entered a sale and implementation deed with EY, the administrators of Rex.
Australian federal government has been propping up the airline to ensure regional and remote communities remain serviced, buying $50 million in debt and loaning up to $80 million.
Rex went into voluntary administration in July 2024, after a failed bid to compete with rival airlines on capital city routes.
US aviation investor Air T, Inc., which operates a number of aviation…
Tens of thousands of New Yorkers saw some medical debt relief thanks to an $18 million investment from the city, Mayor Eric Adams announced on Wednesday. Now, even more New Yorkers are set to get additional help.
The mayor also announced the opening of eight new financial centers at city-run hospitals in four of the five boroughs.
The move will relieve some or all of the medical debt for 500,000 New Yorkers on a one-time basis. It is part of a program Adams launched last year with Undue Medical Debt, a nonprofit that buys medical debt to acquire debt portfolios from healthcare providers, hospitals, and collection agencies.
Since the program launched in 2024, it has thus far canceled $135 million in medical debt for 75,000 New…
