Plans to build a “world-class” concert hall in London have been thrown into disarray after the government pulled its funding on Friday. The former chancellor George Osborne put up £5.5m to produce a detailed business case for the London Concert Hall to be developed. “London is already home to world class culture and music venues, from the iconic Royal Albert Hall to the Barbican Hall and the Royal Festival Hall at the Southbank Centre,” a government spokesman said. “[It] provided funding to consider the business case for a new London concert hall to add to this mix, but has concluded that it does not currently offer value for money for taxpayers and is not affordable. World-class cities need world-class music venues like the Centre for Music.
Source: The Guardian November 04, 2016 22:46 UTC