UK Government Pledges £1.57B Rescue Package for Arts and Culture
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billboard.comFunding pot will include loans and grants for live music and freelancers, but details about timing and amount of allocations are still unclear.
The pandemic-ravaged U.K. music sector will receive a much-needed infusion as part of a £1.57 billion ($1.96 billion) rescue package for the arts announced by the government on Sunday.
Thousands of organizations in live music, performing arts and theaters, museums, galleries and independent cinema, will be able to access emergency grants and loans.
The government, which described the funding as the “biggest ever one-off investment in U.K. culture,” says the emergency package will help cultural and heritage organizations stay afloat while their doors are closed due to the virus outbreak. “I
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