Fringe Sunday axing would be no joke

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Fringe Sunday, the largest event at the Edinburgh Festival Fringe in Scotland is facing cancellation in 2009 due to funding problems

The credit crunch may shortly claim another victim following news that Fringe Sunday, the largest event at the Edinburgh Festival Fringe in Scotland is facing cancellation in 2009 due to funding problems. Despite attracting over 250, 000 attendees in 2008, the free event looks set to be axed due to the lack of income. The event, which costs around £70, 000 to host, has been without a main sponsor since the Bank of Scotland's deal ended in 2006. The move comes amid speculation in the press that the Edinburgh Fringe festival will require a £600, 000 bail out in 2009. Despite attempts to strike a new deal, the bleak economic climate has raised the likelihood that, barring a last minute deal, the event will be pulled. A Fringe spokesperson confirmed to Scottish press that the future of the event would be decided soon: "A review of all Fringe events and activities, including Fringe Sunday, is currently taking place and a final decision has yet to be made on the staging of the event. We are assessing the costs and likely income produced by the event before making that decision. "Fringe Sunday was first held in 1981, and has had to move location twice to accommodate high demand. It was originally staged on Edinburgh's High Street, but soon moved to Holyrood Park before switching to the Meadows.

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