Struggling PR association in Britain agrees to recovery plan
Based on reports in PRWeek ‘s UK edition, it appears the Chartered Institute of Public Relations (CIPR), a respected PR association in Great Britain, is caught in a financial bind. PRWeek said last week that CIPR is expecting a loss of 700,000 British Pounds in 2009. In dollars that’s … a lot . (It’s more than $1.1 million.) CIPR president Kevin Taylor told PRWeek the institute’s executive board had agreed upon a three-year recovery plan.