London Councils is to axe its entire £3 million financial support for the arts across the capital.Theatre companies that will be affected include Theatre Royal Stratford East, Tamasha Theatre Company, the Tricycle Theatre and Clean Break.
The umbrella body for local authorities in the capital, London Councils raises money from individual boroughs which is then allocated to voluntary sector projects across the city.
It currently spends £3.14 million a year on provision related to culture, tourism and the 2012 Olympics.
London Councils’ new list of strategic priorities will result in the majority of the cultural services it supports losing all of their funding by the end of June 2011.
Thursday, January 06, 2011
London Councils to cull capital’s £3m arts support budget
By Natalie Woolman in The Stage:
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This is such a false economy. It's hard to believe there's anyone left in government who does NOT understand that the arts bring in more money than is spent on them, especially in London.
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