A deal to save Cornwall's tourism organisation is on the verge of being agreed.
Visit Cornwall which promotes the county's tourism across the UK and abroad was due to close at the end of next month when Cornwall Council ends its funding of £850,000 a year.
The council has been in talks to switch the funding to the private sector.
More details will be announced later today when the tourism minister Helen Grant visits Cornwall.
Tourism bosses have reacted with anger to Cornwall Council's plans to stop funding Visit Cornwall.
The authority gives Visit Cornwall £850,000 a year to operate but says it should now be funded by the private sector.
There's uncertainty from the tourist industry as to whether the idea will work.
Cornwall council has been outlining how it intends to save £196 million over the next four years. All areas of the council will be affected by the cuts, which represent around 30% of the budget.
Some services will be protected from the worst of the cuts and given priority status although they will still be affected in some way. They include services for vulnerable people, public transport and road repairs and maintenance.
There will be a two month consultation period before the draft budget is finalised.
We are not in a position that we want to be in. We are forced to make these changes and these savings because of the changes in funding to local government. We are trying to make it as positive as we can by building an efficient and effective council, by creating an ambitious Cornwall which is working for itself to bring improvements and change and a strong economy.
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