In 2004, as part of a scheme of cost-cutting on the part of Leicester City Council, it was proposed that the opening hours at the Jewry Wall Museum would be reduced. An interest group was created in response, and the 'Friends of Jewry Wall Museum' have been actively promoting the museum since.
Regardless of this, Leicester City Council reduced the museum's opening times to save money, and the museum is closed for several months over the winter. Councillor John Mugglestone rationalised the decision at the time, saying: "At Jewry Wall, we have more curators than visitors".
The museum was threatened again in 2011, when Leicester City Council announced plans to close the museum (along with two others in the city) to save money. This decision was overturned following a motion by the City Council's backbench Labour Councillors, led by former Labour Council leader Ross Willmott.