Poor ticket sales cancel The Voice UK Live tour - BBC News Poor ticket sales cancel The Voice UK Live tour - BBC News
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Poor ticket sales cancel The Voice UK Live tour - BBC News

Poor ticket sales cancel The Voice UK Live tour - BBC News

The Voice

The 11-date tour for The Voice UK Live has been cancelled due to a lack of ticket sales.

The gigs were due to feature eight of the show's finalists.

The Voice UK Live tour was to begin at the Bournemouth International Centre on 12 September and was then due to visit venues in Cardiff, Birmingham, Manchester, Liverpool, London, Glasgow and Sheffield.

Organisers say fans with tickets for the cancelled dates can get a refund.

A number of ticket outlets had only cited five dates as being axed earlier today (18 June), but organisers have confirmed that none of the scheduled dates will be going ahead.

In a statement, a spokesperson said: "Unfortunately, The Voice UK Live has been cancelled due to lack of ticket sales.

"Customers are advised to contact their point of purchase for ticket refunds."

The news comes as the show was criticised for failing to attract viewers.

Episodes of The Voice consistently attracted average audiences of more than 10 million in April, but the ratings had dropped to 4.5 million later in the series.

More than seven million people tuned in to watch 28-year-old Leanne Mitchell, from Lowestoft in Suffolk, be crowned the show's first winner.

Her single, a cover of Whitney Houston's Run To You, failed to make it into the top 40 of the Official Chart.



UPDATE 1-Greek bank bad loans seen at 30 bln eur- banker - Reuters UK

Tue Jun 19, 2012 3:08pm BST

(Adds quotes, cenbank comment, background)

* Central bank to release Blackrock findings in near future

* Estimated 30 bln euro loan impairments next 3 years

* Amount includes 18 bln eur provisions already booked

ATHENS, June 19 (Reuters) - Greek banks stand to lose 30 billion euros from impaired loans in the next three years according to stress simulations of their loan books by Blackrock Solutions, Greece's former IMF representative said on Tuesday.

Greek banks have been battered by the country's severe debt crisis and a protracted, deep recession which has caused an increase in non-performing loans as unemployment has hit record highs near 23 percent.

Blackrock was hired by the Bank of Greece, the country's central bank, to conduct an independent diagnostic study on bank loan books under stress conditions to assess loan quality going forward and help determine provisioning needs.

"The expected losses (for Greek banks) from impaired loans were set by Blackrock, based on stress scenarios, at 30 billion euros in the next three years," Panagiotis Roumeliotis, non-executive vice chairman at Piraeus Bank, said in a speech to a risk conference.

Roumeliotis said the figure he mentioned in his speech included sums already set aside by banks as buffers for bad loans.

"Banks have already booked provisions, about 18 billion euros. These are included in the 30 billion euro estimate," Roumeliotis, who was appointed Greece's representative to the IMF in February 2010 and joined Piraeus in December 2011, told Reuters.

The Bank of Greece declined to comment and said the Blackrock findings would be released soon.

"The Bank of Greece will release the Blackrock report in the near future in cooperation with the (EU/ECB/IMF) troika," an official at the central bank said.

The ratio of non-performming loans on Greek banks' loan books reached 15.9 percent at the end-December 2011, the central bank has said.

Greece's 215 billion euro economy is seen contracting for a fifth straight year in 2012. The latest forecasts by the Bank of Greece and the OECD see gross domestic product (GDP) shrinking 5.0-5.3 percent this year. (Reporting by George Georgiopoulos)


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