Roundhouse expected to lose £1 million in six months time

Braddan commissioners say they expect the Roundhouse to lose more than £1 million in the next six months.

A report to the local authority at its June meeting said its expected income from the facility's rents and sports hall would be £355,000.

However, salaries, capital costs and other costs would amount to £1.34 million.

It also estimated it had lost £64,000 in five months because of unsigned tenancy agreements.