Europe's largest arts centre says the government's £1.57bn to help the sector is not enough as it faces 'very significant losses'.
The Southbank Centre, the largest arts complex in Europe, has warned it may have to make two-thirds of its staff redundant due to the coronavirus crisis.
Situated on the River Thames in Waterloo, the London venue has said 400 out of 600 jobs at all levels are at risk as although the government is supporting theIn a letter to members, the centre - which houses the Hayward Gallery - said its forecasts show it is"likely to be facing very significant losses by the end of this financial year".
One of the"most significant factors" in making the decision, it added, is that the Hayward Gallery can only reopen with reduced capacity from the end of July.And the centre's seated venues"could remain closed until well into 2021 due to social distancing". The redundancies are expected to be made across the organisation's sites, which also include the Royal Festival Hall, the National Poetry Library and the Arts Council Collection.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus Australia: Victoria reports 317 new Covid-19 cases and two deaths as NSW records 10Premier Daniel Andrews announced a new daily record for the state but said there were no plans for stage 4 restrictions
Read more »
Call to infect volunteers in Covid-19 vaccine huntProminent scientists call for so-called 'challenge trials' to accelerate vaccine development.
Read more »
No laughing matter: How coronavirus has hit comedyWith many sectors of the leisure economy hit by coronavirus, what has been the effect on comedy?
Read more »
Coronavirus live news: India Covid-19 cases top 900,000 as 133m re-enter lockdownRestrictions imposed on Indian city of Bangalore and state of Bihar; Venezuela’s capital Caracas to go into a strict lockdown on Wednesday; Face masks mandatory in France; Follow the latest updates
Read more »
Coronavirus map Australia: tracking new cases, Covid-19 stats and live data update by stateGuardian Australia brings together all the latest on active and daily new Covid-19 cases, as well as maps, stats, live data and state by state graphs from NSW, Victoria, Queensland, SA, WA, Tasmania, ACT and NT to get a broad picture of the Australian outbreak and track the impact of government response
Read more »
Coronavirus near me: are UK Covid-19 cases rising or falling in your area?Latest updates: how has Covid-19 progressed where you live?
Read more »