The Oldham Old Town Hall Cinema project now more than three and a half times the original communicated cost

At tonights full Council meeting Labour leader Jim McMahon answered questions about the Town Hall Cinema project costing’s with an interim cost projection some 20% higher than the amount he communicated a year ago. The scheme is now projected to cost £36,000,000 some £6,000,000 more than a year ago. The Council had previously stated in 2012 that they are also willing to underwrite the cinemas performance meaning they would cover an operators operational losses.