RSC leaders reveal Covid debt won't be cleared until 2040
- Daniel Evans and Tamara Harvey became the joint artistic directors of the Royal Shakespeare Company in June 2023.
- They announced a new season which includes Thom Yorke's take on Hamlet and a new BFG production.
- The RSC faces a £24 million debt due to Covid-19, which they anticipate clearing by 2040.
In June 2023, Daniel Evans and Tamara Harvey were appointed as co-artistic directors of the Royal Shakespeare Company in the United Kingdom. They have recently announced the lineup for their second season, which includes a unique rendition of Shakespeare's Hamlet led by Thom Yorke, as well as a revival featuring actor Simon Russell Beale and a new adaptation of the story of the Big Friendly Giant (BFG). Despite the artful endeavors, the company faces a significant financial burden, with reported debts amounting to £24 million due to the impact of the Covid-19 pandemic. Their official stance highlights that they do not expect to repay this debt until 2040, causing concern within the organization. The directors have stated their commitment to providing affordable tickets and equitable job sharing as part of their ongoing strategy to sustain the company while navigating these financial hardships. Furthermore, their financial projects indicate a long-term strategy to revitalizing the theater experience while ensuring accessibility for a wider audience.