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Culture Secretary confirms additional Culture Recovery Fund boost ahead of tomorrow's Budget

02 March 2021, 16:43 | Written by Cerys Kenneally
(News)

The UK Culture Secretary Oliver Dowden has confirmed that tomorrow's (3 March) Budget announcement will include an additional boost for the Culture Recovery Fund.

Last year the UK government distributed a £1.57billion Culture Recovery Fund, and ahead of tomorrow's Budget plans set out by Chancellor Rishi Sunak, Culture Secretary Oliver Dowden has confirmed that the Culture Recovery Fund will get a boost.

The Culture Recovery Fund is expected to be boosted by £300million, taking the total since launching last year from £1.57billion to £1.87billion.

Dowden wrote on Twitter, "It's a relief we can look ahead now so this funding is not just about survival, but planning & preparing for reopening of theatres, galleries and gigs."

Music Venue Trust have responded to the budget news, writing that they welcome the news "that there will be additional investment into grassroots music venues to support them to reopen."

News of the Culture Recovery Fund boost comes just days after Music Venue Trust highlighted that there are still 20 grassroots music venues in the UK on their Crisis Red List, which means they're at risk of imminent closure without financial aid.
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