University Concert Hall forced to up borrowings

The University Concert Hall Limerick (UCH) last year doubled its borrowings from its parent company in the face of further losses at the venue.

UCH’s borrowings from Plassey Campus Centre Limited — the campus facilities arm of the University of Limerick — increased from €190,000 in 2012 to €380,000 last year.

The increased borrowings came amid another year in which the concert hall posted a loss.