St Paul's Cathedral could close due to a lack of income

St Paul's Cathedral could close permanently due to a lack of cash. The iconic London landmark which relies heavily on tourism for its funding, saw income drop by 90 percent due to forced closures during the Covid lockdown. The building is facing its worse financial crisis in 300 years, according to those who run it. The cost of operating St Paul’s amounts to 8 million pounds per year, and the cathedral recently received over 3 million pounds from the government’s culture recovery fund. Almost all renovation projects have been put on hold, including fixing a lead roof. Restructuring has also seen almost 25 percent of its workforce made redundant and some staff have been furloughed. St. Paul’s Cathedral will officially reopen its doors to sightseers on Monday May 17th – government guidance permitting.

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