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Wedgwood Museum in Administration
April 26, 2010 – 6:20 pmNo Comment
The Wedgwood Museum located in Stoke-on-Trent in the UK has been put in administration.
Administrators Begbies Traynor were called in on April 23 following the news of a £134 million pension fund debt from the collapse of the Wedgwood pottery company.
Waterford Wedgwood Plc went into administration in January last year with a pension fund shortfall.
A museum spokesman said the administration was a necessary step so it could seek the support of the Pension Protection Fund. The museum, which at present remains open, won a £100,000 Art Fund prize in 2009. No staff redundancies are expected for the time being.
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