coronavirus.Now, the i newspaper reports that it will not survive to its 150th anniversary in March next year if funding is not received.Chief executive Craig Hassall told the publication: “The Government support has been very oblique and vague.
We have lobbied hard and consistently across the sector. But [Culture Secretary] Oliver Dowden’s roadmap for recovery has no dates and nothing firm.“There is no guidance from Government on when we can open or how we can open.
Without that it’s impossible for us to trade – and that means the whole sector.”According to the i, the venue has already taken out a £5m loan to stay afloat, but needs a further £5-10m to avoid going under next year.
Read more on nme.com
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