Redundancies on the cards at Hampton Court Palace

By The Editor 5th Nov 2021

The Great Gate at Hampton Court
The Great Gate at Hampton Court

Redundancies may well be on the cards at Hampton Court Palace.

The company that runs Hampton Court, Historic Royal Palaces (HRP), has struggled financially due to the coronavirus pandemic.

HRP also runs a number of other palaces across London, such as Kew Palace and the Tower of London.

At the start of the year HRP forecasted income of £110 million but now only expect to earn around 10% of that figure.

Payroll is around half of the company's costs and despite using the furlough scheme HRP will struggle to keep all its staff on.

Of the 1,165 people they currently employ it is expected that 145 roles are at risk of redundancy after the 45 day consultation period has ended.

John Barnes, Chief Executive, Historic Royal Palaces, said: "At every stage of this crisis, we have tried to limit the impact of the financial challenges on our staff, who care passionately about the palaces and our work.

"If we are to continue this work, we must act now to reduce payroll costs and make the charity financially sustainable.

"We are privileged to be the guardians of six remarkable places, but the dedicated team who care for them are the spirit of our charity, and we are deeply sad that it has come to this."

     

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