Plans to build a new £27m theatre venue for the Oldham Coliseum have been scrapped after the council’s leader said it needed
to spend its funds “more wisely”.
Plans unveiled in 2016 to relocate the historic theatre to a new 550-seat venue in the town's Cultural Quarter have now been withdrawn.
Council leader Sean Fielding said: “In the current financial climate we’ve got to spend our funds wisely and that means reviewing our works and costs to ensure we get the best value for money for the taxpayers’ of the town.
“A lot has changed since the idea was first discussed six years ago, including the costs involved, so at this stage we are not going to continue with the current proposals to build a new Coliseum on the Southgate Street site."
Later this month, the cabinet will be asked to consider a range alternative options including keeping the theatre in its current location on Fairbottom Street.