Preston Vision to make all staff redundant

Posted on - 15th November, 2010 - 10:42am | Author - | Posted in - Business, Housing, People, Politics, Preston News, Redevelopment

Preston Vision is to lose all of its employees after the organisation’s three founding partners said they were unable to secure “a sustainable source of funding” beyond next March.


The think-tank has been under review following the cuts to public spending, with its £425,000 of funding from the Northwest Regional Development Agency set to run out on 31 March 2011.

Preston Weekender advert

Preston Vision’s founders – Preston City Council, Lancashire County Council and the University of Central Lancashire (UCLan) – said alternative funding streams had been sought but none had been forthcoming.

The organisation’s employees will be made redundant once the current funding runs out. However, its founders said the Preston Vision brand would remain.

A statement said: “The board agreed to retain the company structure and remain operational in order to ensure regeneration plans are still carried out by the founding partners; Lancashire County Council, Preston City Council and UCLan. Excellent work had been completed by the staff of Preston Vision and this will create a strong foundation for the future.


“Although it will not have its own staff, Preston Vision, the company charged with promoting regeneration in the city, will remain operational.”

Malcolm McVicar, vice-chancellor of UCLan and chairman of the Preston Vision board, added: “We have a clear vision for Preston which is still attainable.

“It may be that the scale and pace of achievement slows down but we have clear priorities for the future and together the founding partners will be working hard to draw in funds from new sources such as the proposed Lancashire local enterprise partnership, the Evergreen Fund, and the regional growth fund.”

caritas fostering advert
Preston in pictures Cherry Pie Cafe - Preston Market HallPickles of PrestonRoastPickles of PrestonArthur Strands - Preston Market HallAunty Dolly's CafeMark Williams Fishmonger - Preston Market HallArthur Strands - Preston Market Hall View more Advertisement Subscribe to the newsletter

Sign up below to receive Blog Preston's email newsletter. It wings its way into inboxes every Sunday and Wednesday rounding up our top stories and more.

Advertisement News by location

Find news by location, select an area of your choice to be kept up to date with the latest goings on.

The Preston Guide

Discover local businesses and services near you.

Advertisement Categories

Find news by category, select an category of your choice to be kept up to date with the latest goings on.

Blog Preston email updates

Receive our digest of the biggest and best stories every Sunday to your email inbox

We respect your privacy and you can unsubscribe at any time from our emails