Profit recorded by Hawick Common Riding
- Published
Hawick Common Riding has recorded a profit of £17,500 from the summer's festival celebrations.
Despite rising costs and the loss of half of its normal sponsorship, organisers still managed to achieve a positive financial result.
Chairman Stuart Marshall said the profit was reached without having to raise the admission price for events.
As a result, a special reserve fund for the common riding's quincentenary year celebrations now stands at £90,000.
The finances are being built up ahead of the 500th anniversary of the Battle of Hornshole in 1514, which is a main feature of the common riding proceedings.
- 28 October 2008
- 13 March 2007
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