Responding to the Spring Statement, SOLT & UK Theatre Co-CEOs Claire Walker and Hannah Essex said:
“We recognise the difficult economic choices Government has had to make, particularly in today’s challenging global climate. However, this further real terms cut to the Department for Culture, Media & Sport is a cause for concern. As we look to the Comprehensive Spending Review, we need to ensure that programmes which support theatre, and underpin the Government’s mission to ensure the arts remain accessible for all, are protected.
“Theatre remains a vital pillar of the UK’s economy and cultural identity. In the past five years, our sector has worked tirelessly to keep venues open and productions running despite rising costs, including the upcoming National Insurance increase.
“The Government’s own industrial strategy rightly identifies theatre and the creative industries as key drivers of economic growth. For every £1 spent on a theatre ticket, an additional £1.40 is spent on the local high street. With long-term, sustainable investment by Government, theatre can attract foreign direct investment, create jobs across the UK, and drive inclusive local growth.
“We hope the upcoming Comprehensive Spending Review will provide a firm commitment from Government to invest in theatre – not just as entertainment, but as an economic powerhouse that fuels communities, businesses, and the wider creative industries.”
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