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London’s Lexington “still in serious peril” after receiving only 40% of the funding they applied for

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Cultural Recovery Fund announcement (October 12) after they were only awarded 40% of the funding they applied for.Over 1300 music venues, theatres, museums and cultural organisations in England will receive funding from the £257 million grant, which is part of the UK government’s £1.57 billion bailout fund to help the country’s various cultural industries during the coronavirus pandemic.The Lexington were among the beneficiaries of the Cultural Recovery Fund, which is being administered by Arts Council England, and the venue say that those “funds will go some way in mitigating the financial damage and debt accumulated over the last seven months of closure”.However, the Lexington revealed in a Facebook post today (October 13) that they are.

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