It’s not the first and it won’t be the last. Some time ago Wyre Forest and more recently Leamington & Warwick have thrown in the towel because they couldn’t stage a show at the right price. Both were good shows and still missed. On the other hand there are plenty of good shows around, eg Cheltenham, Wells and Ross-on-Wye, the latter put together by the local Rotarians, not a railway modeller amongst the but a first rate show nonetheless. The point about volunteer run events is well made, never enough people coming forward to help.
Stephen