£33m promised to save at-risk arts venues

Arts Council England has announced that 196 organisations will receive a share of £33 million to prevent them going bust because of the pandemic.

Darren Henley, ACE’s chief executive, said the money was specifically for organisations in its national portfolio that faced ‘immediate financial disaster before September’. This includes Sadler’s Wells (£1.5 million), English National Ballet (£1.3 million) and the Lowry in Salford (£1.3 million).

ACE said that the £33 million rescue package was originally planned to be £90 million but the government’s furlough scheme ‘delayed the cliff edge of financial collapse’ for most organisations. The funding announcement also follows the government’s separate £1.57 billion arts and heritage investment package.