In October 2014, it was reported that the orchestra could be forced to close, having lost 28% of its public funding. Belfast City Council has been asked to back a rescue plan which includes a £500,000 funding guarantee and free use of the Ulster Hall. On 23 November 2014, the orchestra held a flash mob in St George's market to raise awareness of their funding problem and to ask for support. In late November, Belfast City Council offered £100,000 as a conditional pledge to the orchestra, if additional funding can be raised from other sources and the orchestra offers a plan for addressing a projected 2015 deficit of £850,000.