The partnership will afford more stability to both organisations as they aim to create "one of the most accessible and creative venues in the country".
An investigation into the Culture Recovery Fund found £335m of awarded funds were still sitting in DCMS' coffers last month as demand for support exceeds its 'worst case scenario'.
Another £300m for the Culture Recovery Fund, a wider safety net for the self-employed, and continued VAT and business rates cuts extend financial supports beyond the anticipated reopening dates.
Local authorities in Yorkshire and the Humber are being called on to "defend and when possible increase" spending on culture as Leeds City Council announces major cuts.
PRS for Music’s controversial new streaming licences were inevitable, writes Phil Tucker. Those who embrace the change will also find them inconsequential.
DCMS’ new model for measuring culture’s economic value shows no understanding of how public policy has developed in recent decades, writes Anthony Sargent. Basing funding decisions on it would be "worse than bankrupt".
London’s cultural and commercial sectors have always had a symbiotic relationship, writes Tony Matharu. Fostering those links is now more important than ever.
A further £400m of Culture Recovery Fund grants and loans has been earmarked for extending another "helping hand" to organisations facing failure before April.
Croydon is still developing the cultural showcase despite an order against non-essential spending, a review over alleged financial mismanagement, and a £67m deficit.
Déjà vu over value news
DCMS’ new model for measuring culture’s economic value shows no understanding of how public policy has developed in recent decades, writes Anthony Sargent. Basing funding decisions on it would be "worse than bankrupt".