Chancellor George Osborne is set to announce that Hull will receive a further £13 million investment to boost it’s City of Culture year, according to Hull Daily Mail this morning.
The Chancellor is on a mission to secure more investment for what he calls, “the northern powerhouse” and as part of his plans, wants to give Hull the cash to secure a greater legacy post-2017.
It’s reported that Hull City Council will use the investment to fund the extension to Hull New Theatre (previously knocked back from Arts Council funding) and £8m towards “building a cultural legacy” in the city.
Mr Osborne is reported as saying: “I want to help Hull make the most of a wonderful opportunity next year to sell itself to the world as a great city of culture. This will create a lasting legacy for the next generation.
“That is why we are backing Hull with a £13m support package, in a clear signal of our commitment to support arts and culture in the Northern Powerhouse.”
The official budget announcement takes place today.