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Preston Guild Hall Ltd £4.5million in debt when it went into administration

Preston Guild Hall Ltd 4.5million in debt when it went into administration
Preston Guild Hall Ltd 4.5million in debt when it went into administration

Preston Guild Hall Ltd was in debt to the tune of £4.5million when it went into administration.

A report from the administrator Beverley Budsworth shows the amount of money the firm owed to individuals and businesses.

The Guild Hall, run by Preston businessman Simon Rigby, was shut suddenly in May.

The lease of the building was then seized by Preston City Council in June.

More to follow.

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