coronavirus crisis is on the brink of running out of cash after just five days.More than 3,500 artists have applied for financial assistance since the Help Musicians UK fund opened last Friday (June 5).But the fund is now on the verge of reaching capacity, meaning that some applicants may fail to secure funding.Speaking to the BBC, chief executive James Ainscough warned: “It’s a bigger, longer crisis than any of us could have thought possible.”The current Help Musicians fund is targeted at providing funding for self-employed workers, following an initial phase in March that offered grants of £500 to any musician who faced immediate financial difficulties.A study conducted by the organisation also found that 99% of musicians had worried.
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