Ally Pally, like many venues, is struggling with the rising cost of energy.
The Alexandra Park and Palace Charity Trust says it will do "everything it can" to control costsThe Alexandra Park and Palace Charity Trust has seen costs rise by 132% this financial year, which it says is largely down to energy price increases.
The Grade II listed entertainment venue in north London could run-up an operating deficit of £1.1m this year, and over £2m next year.According to the Local Democracy Reporting Service , a report presented to a meeting of the trust's board said it would not be able to trade without additional funding from Haringey Council. It has already asked informally for extra money.
The report added the trust would "only request what is absolutely necessary for it to be able to meet its financial obligations".
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Alexandra Palace: Bailout sought over energy bills increaseThe trust behind the north London venue could run-up an operating deficit of £1m this year.
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