UK announces £1.57billion support package for arts industries

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The government have announced plans to fund the UK’s arts, culture and heritage industries with £1.57billion to help them “weather the impact of coronavirus”.

The support package, which was announced today (July 5), will provide music venues, independent cinemas, museums, galleries, theatres and heritage sites with emergency grants and loans.

The money marks the biggest one-off investment in UK culture and follows other measures taken to help companies, institutions and organisations survive during the pandemic, including loans, business rate holidays and the coronavirus job retention scheme. According to a press release, as well as helping businesses to survive, it will “help support employment, including freelancers working in these sectors” “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,” Boris Johnson said.

 

 

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