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5 July 2020

Government announces £1.57bn rescue package for cultural and heritage organisations to help with the impact of COVID-19

Summary

With this announcement, Britain’s cultural and heritage institutions will receive emergency grants and loans totalling £1.57bn. The package will be available to organisations across the country, including the performing arts and theatres, heritage, historic palaces, museums, galleries, live music and independent cinema. The aim of the grants and loans is to help these organisations stay afloat, restart paused projects and support employment. £1.15bn of the support package will be for cultural organisations delivered through a mix of grants (£880m) and loans (£270m). £100m of the package is for targeted support for the national cultural institutions in England and the English Heritage Trust. £120m of the package will be for capital investment to restart construction on cultural infrastructure and for heritage construction projects in England.

Source(s)

Gov.uk guidance