Creative Scotland has today announced its Regular Funding Portfolio. We welcome the success of FST members new to the RFO portfolio and the additional funding for some of our members; for the majority however the announcement represents at best standstill funding, i.e. a real-terms cut. And for those whose funding is significantly reduced or removed altogether, and their friends and colleagues, this is a very hard day indeed.
FST’s role in providing strategic support to the dance, theatre and opera sector has been recognised with our inclusion in the RFO portfolio and an uplift in funding. We will be discussing our future plans with our members to ensure that we make the very best use of this funding over the coming years.
We will be conducting further analysis about the RFO outcomes with a view to assessing their impact on the short, medium and long term sustainability of the professional performing arts in Scotland. Please don’t hesitate to be in touch with us meantime.