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<p>The Church Commissioners have made an emergency loan to help address the cashflow
challenges at Peterbourough Cathedral. In addition to this financial assistance, they
have also actively supported and continue to support the Cathedral and Chapter by
giving practical assistance, for example helping the Chapter evaluate options for
staff restructuring and its property sale programme.</p><p> </p><p>The Bishop of Peterborough
has launched a visitation which will include a review of financial management and
overall governance of the cathedral. The Commissioners are assisting in this process
and I am happy to say that governance is improving and Chapter is beginning to address
its budget deficit.</p><p> </p>
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