Far fewer visitors came to Cornwall in 2012 due to a combination of the Olympics, poor summer and autumn weather and the lasting effects of the recession.
This, coupled with enormous pressure on income in the charity sector and the well-documented challenges of fundraising in the current economic climate have made it necessary to make substantial cuts to the cost base.
More top news
Raphael Ravenscroft from Exeter who played the famous sax solo on Gerry Raffery's Baker Street has died.
A ship from a West African country hit by the deadly Ebola virus will be docking in Falmouth next month.
Disgraced West Country cyclist Jonathan Tiernan-Locke was back in the saddle yesterday, taking on the Exmoor Beast Cycle Ride.