The boss of Nottingham City Council-owned Motorpoint Arena and National Ice Centre says it has made a "remarkable recovery" following the covid pandemic. "Significant issues" however lie ahead due to soaring inflation and councillors have questioned how the business hopes to survive the cost of living crisis which is squeezing Brits dry.
Martin Ingham, the chief executive of the Nottingham Motorpoint Arena and National Ice Centre, said the venue had made a remarkable recovery considering the circumstances. From March 17, 2020, the city council-owned venture went into "survival mode" amid the coronavirus pandemic.
Here it remained until mid-way through 2021 and its budget deficit, even with support grants taken into account, sits at £5.8 million. In 2021 however, as the country opened up, it began its revival and this year Mr Ingham says the business is hoping to thrive despite a floundering economy.
