The Peterborough Evening Telegraph

Money problems at the cathedral

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‘CASH FLOW CRISIS’

The first signs of financial difficulti­es at the cathedral came in July 2016 when a “cash flow crisis” was acknowledg­ed. Financial experts were then brought in to look at the cathedral’s money problems during a Bishop’s Visitation - an inquiry into why the cathedral had got into financial difficulti­es.

The cathedral made 12 people redundant as it sought to improve its finances, and in early 2017 it hosted a BMW launch event in the Nave

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