Skip to content
Saturday 25 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,736.23
+0.91%
DAX
25,099.00
+1.36%
CAC 40
8,372.28
+0.88%
STOXX 50
6,280.94
+1.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 09 October 2020 12:01 am  |  Updated:  Thursday 08 October 2020 6:47 pm

Government hands London’s heritage organisations a £103m lifeline

By: Angharad Carrick

Add as a preferred source on Google
BRITAIN-CULTURE-RESTORATION
A gallery assistant poses in The Painted Hall, which has been restored as part of a conservation project, at the Old Royal Naval College in Greenwich in London (Photo by Niklas HALLE'N / AFP)

More than 100 heritage sites across the capital are set to receive a lifesaving financial boost from the government’s Culture Recovery Fund.

The Old Royal Naval College in Greenwich is among 129 recipients across London to receive a share of the £103m Culture Recovery Fund for heritage, to help them through the pandemic.

The funds will be used to help restart vital repair and maintenance work as well as keeping venues open to save jobs.

The Old Royal Naval College in the Maritime Greenwich World Heritage Site has been awarded £1m to help continue its operation during the pandemic. Sandycombe Lodge, the only surviving building designed by Turner, is set to receive £58,000.

The £103m pot is being allocated by Historic England and the National Lottery Heritage Fund on behalf of the government.

Duncan Wilson, Historic England’s chief executive said: “The funding is an essential lifeline for our heritage and the people who work tirelessly to conserve it for us all, so that we can hand it on to future generations.”

The announcement of the investment comes just after the National Trust announced plans to axe almost 1,300 jobs as it grapples with a huge loss of income.

The coronavirus outbreak has had an impact on almost every revenue stream for the charity, resulting in the closure of all of its sites and cancelling its events.

Ros Kerslake, chief executive of the National Lottery Heritage Fund said: “Our heritage is still facing a perilous future – we are not out of the woods yet.”

“But this hugely welcome funding from Government, and the money we continue to invest from the National Lottery, has undoubtedly stopped heritage and the organisations that care for it being permanently lost.”

Read more

City policy chair: Blocking skyscrapers is deeply disappointing

Aerial view of western city cluster development in February 2026 showcasing modern skyline and urban expansion

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • London business

Trending Articles

  • ‘Extremely dangerous’: AI warfare much bigger threat than LLM model advances, experts warn

  • Calandagan has Extremely good chance of going back-to-back

  • Nothing Funny about Regina’s hopes in Princess Margaret

  • Exclusive: Nothing slashes jobs in cost-cutting push

  • Bank regulation, not austerity, explains why Britain is poorer than America 

More from City PM

  • City policy chair: Blocking skyscrapers is deeply disappointing

    Opinion
    Aerial view of western city cluster development in February 2026 showcasing modern skyline and urban expansion
  • Arendt Investor Services Enters a New Phase of Development With BlackFin as Majority Shareholder

    Business Wire
  • Strategic Partnership Between Record Asset Management and Admicasa

    Business Wire
  • Lone Star Funds Announces Agreement to Acquire ContiTech, the Material Solutions Group of Continental AG

    Business Wire
  • Fernie Cultural Universe: Where Eastern Myths Meet European Animation Soul Within a Medieval Castle

    Business Wire
  • Fernie Cultural Universe: A Cross-Cultural Animated Art Ecosystem Rooted in a Scottish Castle

    Business Wire
  • London’s new ‘literary-themed’ hotel shows why hotels should not be themed

    Life&Style
    Luxurious Kensington Hideaway room featuring elegant decor, plush furnishings, and ambient lighting for a sophisticated re...
  • Burberry revival gets a boost from China and US sales

    Retail
    Burberry fashion show runway featuring models wearing luxury designer clothing and accessories in a stylish presentation
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook