Culture: Finance

(asked on 15th July 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty's Government how much of the additional finance recently announced for the arts and culture sector in England will be (1) by way of grant, and (2) by way of loans.


Answered by
Baroness Barran Portrait
Baroness Barran
Parliamentary Under-Secretary (Department for Education)
This question was answered on 22nd July 2020

On 5 July, the government announced a major £1.57 billion support package for key cultural organisations to help them through the coronavirus pandemic. This funding will provide targeted support to organisations across a range of sectors, including performing arts and theatres, museums and galleries, heritage sites, live music venues and independent cinemas.

The package will include a £1.15 billion support pot for cultural organisations in England, delivered through a mix of grants and loans. This will be made up of £270 million of repayable finance and £880 million grants.

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