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The charity operating leisure and cultural services for Peterborough is handing its contract back to the Council. Since 2010 a charitable Trust, Vivacity, has been running cultural services on behalf of the Council including 10 libraries, a museum, arts and cultural festivals and the Key Theatre, which last year staged 382 performances and sold more than 77,000 tickets. It is predicting a loss of income of £8m because of social distancing and reduced capacities, but has sufficient financial reserves to manage the transfer of the contract to the council and to honour outstanding commitments.