Idea for two cinemas in King's Lynn is crazy, Lynn News letters
Apparently Paul Jervis, the owner of the Majestic, has said that he supports the Corn Exchange development, but I wonder if that was before he read Mr Lord's missive in the Letters page explaining how the council will be able to use their tax advantages to undercut him.
While I wholeheartedly agree with the sentiment of this letter, perhaps Mr Jervis has worked out that under the proposed local authority company, rather than the existing charitable trust, this new competitor will be run by council bureacrats, not known for their business acumen, and he really hasn't got too much to worry about. Or maybe he has heard, as I have, that this new company may well lose the VAT benefit that the Trust has enjoyed, because the court case that it relies on is a European Court ruling whose effect could be lost after Brexit.
Apparently this could cost the council more than £400,000 per year and such a huge loss of income almost certainly will leads to the closure of some our precious leisure facilities.
Maybe Mr Jervis is not too worried because he thinks the Corn Exchange won't be there too much longer any how and perhaps some of the council staff who supported the removal of the trust in their previous letter should be careful what they wish for.
For those who are not old enough to remember, the Pilot, Lynn used to have two cinemas and it couldn't sustain them in a time before home cinema and Netflix. What on earth makes anyone think that two cinemas can be sustained now? If the council is successful in getting their crazy new cinema up and running, may I suggest they start by showing the classic farce, Dumb and Dumber on the opening night?
Terrington St Clement