Manchester’s Royal Exchange theatre says 65% of roles could be made redundant | Stage | The Guardian

Bryony Shanahan and Roy Alexander Weise at the Royal Exchange. Photograph: Gary Calton/The Observer

Illustrious venue says the government’s plans for the industry give them no ‘confidence or clarity to be able to restart any activities in the immediate future’.

The Royal Exchange relies heavily on income from its box office, bar and restaurant, and venue hire. It has gradually reduced its dependence on public subsidy, which now equates to less than 25% of its £10m annual turnover. “At the moment, we simply can’t trade, as live performances are not allowed in theatres,” it said in a statement. “Even if we were allowed to open, whilst there are still social distancing measures in place, it is just not financially viable within our current structure.” …

Source: Manchester’s Royal Exchange theatre says 65% of roles could be made redundant | Stage | The Guardian