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’Our unrivalled arts and culture scene is what makes Manchester such a great vibrant place to be and is recognised the world over – each year helping bring thousands of visitors into the city,’ said councillor Luthfur Rahman, the city council’s executive member for culture, skills and leisure. ’This scene would be nothing, however, and simply wouldn’t exist without the crucial community of skilled and talented individuals – usually freelancers – who make all the magic on stage and in cultural venues happen. Without them Manchester simply does not have a cultural offering. They’re the reason this valuable part of our local economy exists. They are a vital part of the supply chain of our culture sector, whether that’s music, theatre, dance, combined arts, visual arts, museums, literature, or other creative industries.’
New £500k hardship fund for forgotten freelancers announced in Manchester
The lifeline funding will help those who haven t qualified for Government support (Image: Getty Images)
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The joint administrators of BM Retail Limited have completed the sale of the businesses to Purepay Retail Limited, which is backed by an international investor consortium.
Damian Webb and Gordon Thomson, partners at the accountancy firm RSM, were appointed joint administrators to the company on 30 November 2020.
Purepay, a secured creditor to the business, has acquired all the remaining stock, as well as the head office site and distribution centre in Wakefield. Purepay will operate 72 stores under licence and 387 store staff will transfer to the acquirer, alongside all 51 head office and 93 distribution centre staff.
The remaining 148 stores are currently closed in line with Government legislation and the administrators are reviewing all options for these sites prior to the lifting of the Government lockdown. The staff at these stores are currently furloughed.