Thousands of organisations across a range of sectors, including the performing arts and theatres, heritage, historic palaces, museums, galleries, live music and independent cinema will benefit from access to emergency grants and loans, the Government has announced.
The £1.57 billion package represents the biggest ever one-off investment in UK culture and will provide a lifeline to vital cultural and heritage organisations across the country hit hard by the pandemic, ensuring they stay afloat and protecting multi-billion pound industries that are famous around the world for the future. The package includes £900 million in grants plus additional £270 million in repayable loans.
This builds on the unprecedented financial assistance the Government has already provided to the UK’s cultural sector through the pandemic, with loans, business rates relief and furlough support. More than 350,000 people in the recreation and leisure sector have been furloughed since the pandemic began.
Maria Caulfield MP welcomed the announcement “Today’s announcement is fantastic news for the Lewes constituency and will provide a vital lifeline to cultural and arts institutions across East Sussex.
“This will not only secure local jobs, but mean iconic venues like Glyndebourne can weather the storm created by coronavirus and come back stronger, and continue to be there for local residents and future generations to enjoy.”
Commenting, the Prime Minister Boris Johnson said “From iconic theatre and musicals, mesmerising exhibitions at our world-class galleries to gigs performed in local basement venues, the UK’s cultural industry is the beating heart of this country.”
“This money will help safeguard the sector for future generations, ensuring arts groups and venues across the UK can stay afloat and support their staff whilst their doors remain closed and curtains remain down”