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Manchester's £186m Factory arts centre on budget - but 'remains high risk'

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Don't miss a thing by getting the day's biggest stories sent direct to your inbox Manchester’s flagship £186m Factory arts centre will be built within budget according to the city council - though the project ‘remains high risk’.

Concerns have been raised about the rising cost of building materials, significant supply chain issues, and potential labour shortages ‘as a result of Covid-19 and Brexit’.

The Factory has already been plagued with extra costs which have seen its budget increased from an initial £110m thanks to several loans from Manchester council. READ MORE : A sneak peak inside the £186m The Factory and the other venues that will be used for Manchester International Festival next month Its opening was also pushed back from 2019

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