Creative organisations are to get a £1.5bn lifeline to help stay in business while coronavirus forces dim all hopes.
The rescue package is expected to help world-known institutions such as the Royal Albert Hall, the Royal Shakespeare Company and the Mary Rose Trust. Unveiling the plan, Boris Johnson said the money would help safeguard the arts for “future generations.” The British government has been under pressure to help the arts after warnings the industry would be brought to its knees without government intervention. Now organisations comprising palaces, museums, galleries, live music venues, cinemas and others will be able to access emergency grants and loans. Ministers said the money was the largest ever one-off investment in UK culture.