Charity to repay millions after Bristol Beacon revamp

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Charity to repay millions after Bristol Beacon revamp
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The Bristol Music Trust agrees to a repayment scheme to reimburse £8m of taxpayer cash.

Bristol Beacon's transformation saw the main hall remodelled, the cellars opened up and a new performance area builtA charity running a concert venue is set to hand over £8m of its profits to repay some taxpayer cash invested in the revamp.

The Bristol Music Trust has now signed a contract to repay the council the agreed upon sum over 30 years. The council has reportedly spent more on the renovation of the venue in the past year than on new homes, expanding schools or low-carbon energy projects.

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