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The death of the Southbank Centre

The roots of the Southbank Centre’s current crisis stretch back to before the pandemic, says Oliver Basciano

5 September 2020

9:00 AM

5 September 2020

9:00 AM

The one thing everyone agrees is that the Southbank Centre is in deep trouble. In May, the institution made an unusually public plea for government help. Management predicted the best-case scenario was ending the financial year with a £5 million loss, having exhausted all reserves, used the £4 million received from the furlough scheme and having gobbled up the remainder of its Arts Council grant.

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