Rhubarb-Rhubarb is scrapping its 2010 international portfolio review, after a decade of successful events.

Rhonda Wilson, Rhubarb-Rhubarb’s creative director, announced the plan at this year’s review, citing financial constraints resulting from the recession.

‘It's been a tremendous year for us, with the winning of the Obama's People exhibition and around 400,000 people visiting the Rhubarb exhibitions this year between April and August,’ said Wilson. ‘But the reality is that while photographers want to know more, their capacity to buy time at reviews and courses is getting less, due to the current financial uncertainty and cutbacks in commissions and editorial.

‘At the same time, flights and hotel rooms for reviewers are going up. The response from other portfolio review directors is to put up the prices to the artist but we bought ours down a little this year – we don't just want to entice only artists who are cash-rich, that’s not what we're about. We want to bring prices down more but we lost three regular sponsors this year in the downturn, so we ended up supporting the review costs with other projects we took on. That isn't how we want to move forward.

Instead the organisation hopes to run an international summer school next year and resume the review in 2011, plus move into a new space in Birmingham and open public photobook library. To find out more read our breaking news story.