Talking of big organisations letting down interesting cultural projects, the Ethnic Multicultural Media Academy has announced that they will not be hosting their annual awards event celebrating cultural, sporting and political achievements in ethnic minority communities because their sponsor, Natwest, has pulled out.
The bank confirmed it would no longer support the award last Autumn.
According to EMMA they complained that the BBC coverage of the awards last year was cut from 50 to 45 minutes. Speaking to the Independent a spokesman for the bank added: "The EMMA
Award no longer satisfy our sponsorship objectives".
EMMA's organisers have probably chosen now to announce that Natwest's decision has prevented them from going ahead with a 2005 event because the bank's parent company Royal Bank Of Scotland has just announced record profits of over £8 billion (though the bank would probably argue that that doesn't affect their sponsorship budgets).