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56.
Mr. Tony Banks
To ask the Minister for the Arts what information he has on the financial position of the repertory theatres in London and the regions.
Mr. Luce
At the end of March, cumulative deficits for building-based drama companies funded directly by the Arts Council represented about 6 per cent. of their total turnover. This figure conceals a wide variation in the performance of individual companies and takes no account of this year's substantial increase in Arts Council grants.