“In total, 11 ‘nationally and internationally significant organisations’ — among them the National Theatre, Royal Opera House, Royal Shakespeare Co., Southbank Centre, and Historic Royal Palaces — “which provide work for more than 9,000 people will get the loans. Each will have an initial repayment holiday of up to four years, a low interest rate and a repayment term of up to 20 years. The loans are one of the final pieces of the jigsaw in the government’s £1.57bn cultural recovery fund to help a sector which has been one of the hardest hit by the pandemic.” – The Guardian