Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Educational trust warns of grant cutbacks

25 September 2002 by
Educational trust warns of grant cutbacks

The Savoy Educational Trust has warned that fewer grants will be awarded this year than last. The trust, which was founded 41 years ago by directors of the Savoy, is cutting its budget by £300,000. It blamed the economic climate and the events of 11 September for the cutbacks.

"We are having to refocus the trust. There has been a kneejerk reaction of cuts from the industry in response to 11 September.

"But companies must realise that those who maintain training and marketing budgets are the companies that end up on top in an economic downturn," said Julia Sibley, chief executive of the trust, in a speech to the HCIMA conference last week.

The trust has also had to axe its waiter of the year award, although it will continue to sponsor other industry awards.

Sibley added that the trust, which meets with industry representatives four times a year, is hoping to win back the £300,000 shortfall.

Source: Caterer & Hotelkeeper magazine, 26 September - 2 October 2002

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking