Tuesday, 11 March 2014

Jewellery and Watch venue Birmingham NEC to be sold

The NEC, home to Jewellery and Watch Birmingham, could be sold off by Birmingham City Council. (ITP)

The Birmingham NEC, home to a number of industry events including Jewellery & Watch Birmingham, Autumn Fair and The National Wedding Show, is to be sold off by the city council.
Principal objectives of the proposed sale are to secure an investor who shares the vision and strategic ambitions of the NEC Group and to maximise the proceeds for Birmingham City Council.
It is thought that the sale will help the council pay a £1 billion bill to settle thousands of equal pay cases from women employees who were paid less than other workers, mainly men, for doing equivalent jobs.