A THEATRE facing rocketing energy bills and soaring costs has warned it could close its doors if the venue runs out of money.

Colchester’s Mercury Theatre fears it may reach a “crisis point” by Easter, with the venue facing a rise of tens of thousands of pounds in its annual energy bills.

Speaking to the Guardian, the theatre’s chief executive Steve Mannix said audiences are also feeling the strain of the cost-of-living crisis.

“They’re booking late, and less frequently,” he said.

“We’re choosing very carefully what to programme.

“We’re looking at discounting tickets, but we don’t have infinite resources. We’re crossing our fingers a lot.”

The Guardian reported the theatre, which recently underwent a £11 million upgrade, faces an increase in energy costs from £38,000 last year up to £120,000 in 2022/23.

The theatre also reportedly faces a 30 per cent rise in the cost of materials for sets and costumes, while the cost of goods for its bar and café has increased.

The Mercury also prides itself on its free holiday programmes for children.

Mr Mannix said: “We’ve been part of many generations of families over the years, we’re part of the lives of local people.

“But we’re also worried that we might reach a crisis point by Easter.

“If we run out of money, ultimately we could have to shut. We’ll be doing everything we can to get through this.”

Gazette: Colchester's Mercury TheatreColchester's Mercury Theatre (Image: Newsquest)

In July last year, The Mercury celebrated a reopening after the completion of a £11.3 million upgrade, which included a larger and brighter foyer space, a new café bar, additional seating, a new rehearsal room and extended backstage facilities.

The building was also made more accessible for people with disabilities and more energy efficient.

Speaking to the Gazette, Mr Mannix added: “Of the 118 staff we employ, the majority of them are Colchester residents. 

“We only receive 22 per cent of our income from grants.

“We generate, for the local economy, around £4 million a year.”

Mr Mannix said the theatre has reserves, but “about half” of those reserves could be used up keeping utility costs down. 

The theatre also fixes its ticket prices for the year, keeping its Pantomime prices as low as £15 per ticket. 

Mr Mannix added: “We are looking to save as many costs as we can.” 

He said the Mercury continues to provide “public services” alongside its arts offering, with more than 30,000 children involved in after school activities at the theatre. 

The theatre is set to open its doors this winter to create a “warm space” for people who can’t afford to hear their homes.

 

A precession marking Colchester’s recently bestowed city status will start at The Mercury on November 23.

The procession will move from the theatre, along Colchester High Street to the town hall where the Town Crier will deliver a proclamation.

The Lord Lieutenant of Essex Jennifer Tolhurst will then present the letters patent to Colchester Mayor Tim Young.