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Press release More than £165 million in repayable finance announced to support major arts and heritage institutions as Culture Recovery Fund marks £1 billion milestone £165 million offered to organisations including the National Theatre, Southbank Centre, English National Opera and Royal Shakespeare Company who will be supported by major loans from the Culture Recovery Fund. From: 11 December 2020 The Government’s £1.57 billion Culture Recovery Fund surpasses £1 billion milestone, supporting more than 75,000 jobs, with remaining £400 million on the way as plans for a further...

New government loans welcomed by National Theatre as ‘a vital lifeline that will form part of our recovery’

What does the future hold for our great cultural institutions? As the National Theatre, Royal Opera House and South Bank Centre receive Government loans, their leaders talk about their hopes for survival 11 December 2020 • 6:00am The show must go on: a scene from Follies at the National Theatre in 2019 Credit: Johan Persson Today, the latest round of funding from the Department for Digital, Culture, Media and Sport (DCMS) was announced. This time, more than £165 million in loans were awarded to some of the big-hitting institutions (sometimes referred to as the “crown jewels”) which hav...