Cost of living crisis leaves nine in 10 heritage sites fearing for their future
Nine in ten heritage sites in the UK are concerned about their future as a result of the cost of living crisis, with four in five saying that they need to drastically lower spending to stay solvent.
These are the results of a recent study by specialist heritage insurer Ecclesiastical, which said that 89% of heritage leaders are concerned about their organisations future.
The survey, called the Heritage Risk Barometer 2022, was made up of 500 decision makers working for different heritage organisations in the UK. It found that seven in 10 (72%) of respondents believed that many heritage organisations across Britain would be at risk of closure in the coming years, should expenditure continue to inflate at its current rate.
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