In response to the escalating financial pressures facing the Corn Exchange in Witney and the council managed 1863 café, Councillor David Edwards-Hughes is urging Witney Town Council to proactively develop a comprehensive business plan. With mounting concerns over rising costs and diminishing revenue, the councillor wants to ensure the long-term sustainability of the town council-managed café.
Cllr David Edwards-Hughes said, "The Corn Exchange Café has long been a vital hub for our community, serving as a meeting place for residents and visitors alike. However, the increasing financial strain on the cafe in particular is a cause for concern. I think it is crucial that we address this issue head-on and work towards a sustainable and prosperous future for this community asset whilst ensuring we are spending residents money wisely."
Financial documents published by the council show the cafe made a £41,056 loss last year and is expected to lose £63,183 this year and £42,029 next year.
The town councillor, who represents the Burwell Meadow ward, has urged Witney Town Council to spearhead the development of a robust business plan that not only addresses the current financial challenges but also outlines a strategic vision for the future. Key elements of the plan should include cost management strategies, revenue enhancement initiatives, and community engagement efforts to ensure the long-term viability of the Corn Exchange and the 1863 café.
At the town council meeting on Monday 11th December Cllr Edwards-Hughes emphasised the importance of collaboration and transparency in this process, encouraging input from both residents and local businesses. He believes that a "well-crafted" business plan will not only safeguard the Corn Exchange and the 1863 café's future but also "contribute to the overall economic and social well-being of Witney."
Witney Town Councillors debated the motion at a full council meeting on Monday 11th December where town councillors also met to discuss the draft budget proposals for the next financial year.
The motion was not supported by the ruling Labour group so the motion was defeated.
