The beautifully historical 14th century Lumley Castle in Durham provided the most ambient venue for the third workshop in the FBMplus 2015/2016 competition, even if you are to believe the tales of the haunted woods! The castle has been the seat of the Earl of Scarborough for more than 700 years, but was named after Sir Ralph Lumley in 1360. As the story goes the castle is haunted by his wife Lily who was thrown into a well by two priests for rejecting Catholicism. The tales say her ghost rises from the well and haunts the grounds of the castle! Since 1976 Lumley Castle has been a four-star hotel, with 74 bedrooms and grand conference and banqueting facilities for weddings and celebrations. It even has it’s own dungeon! The perfect venue considering this year’s competition theme of ‘Hospitality’. Teams from Bishop Auckland College, Park View School and Framwellgate School Durham came together in this workshop to consider price and finance within their business concept. Jenny Barrett, Managing Director of TICE started by presenting a handy recap of the theory covered to date including identifying the business target audience and competition. Followed by recommending teams distinguish between price and finance for [...]
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