Southbank Centre receives £10.9m government loan
Friday, December 11, 2020
The London venue says the money, given as part of the Culture Recovery Fund, will enable it to reopen its venues next spring
Belinda Lawley
The Centre was hit hard by the pandemic, cutting 50% of staff and losing £25 million. It says that the loan will help 'to stabilise finances, replenish depleted reserves and reopen all venues safely in the spring of 2021.'
Read the full statement here.