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More than £165 million in repayable finance announced to support major arts and heritage institutions as Culture Fund marks £1 billion milestone

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 round of support announced £60 million in capital funding has been awarded for ongoing construction and maintenance with 75% awarded to organisations outside of London

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