The Arches venue in Glasgow has gone into administration, following a Board of Directors meeting and legal advice.
The news follows last month’s decision by the Glasgow Licensing Board to curtail the licensed hours of the multi-arts venue, effectively stopping the organisation from continuing its programme of club nights. Without the income generated by this strand of activity, which generated over 50% of the company’s annual turnover, The Arches’ business model is untenable, according to a statement on its website ...
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