ARTFEED — Contemporary Art Intelligence

UK Museums Face Financial Crisis Amid COVID-19, Visitor Numbers Drop to 20-25%

institutional · 2026-04-27

UK museums, which were already under financial pressure before the pandemic, are now in a state of crisis after enduring closures lasting 4-5 months. The government has stepped in with more than £1 billion in loans and grants to assist. Currently, visitor numbers across ten major venues, such as the National Gallery (which reopened on July 8) and the British Museum (August 27), are only at 20-25%. While many museums have reopened shops, they still have sections closed and require online reservations along with one-way paths. The National Gallery has extended its hours for the Titian exhibition, and the V&A's 'Kimono: Kyoto to Catwalk' has sold out. Tate galleries are considering laying off 313 staff members, and the Royal Academy, which lost over £1 million each month during its closure, may also terminate 150 jobs. A debate is ongoing regarding Michelangelo's 'Taddei Tondo', valued at over £100 million, with some suggesting its sale to prevent job losses.

Key facts

  • UK museums face financial crisis after 4-5 months of COVID-19 closure.
  • Visitor numbers at 10 major institutions are only 20-25% of normal levels.
  • UK government allocated over £1 billion in loans and grants for cultural institutions.
  • National Gallery reopened July 8; British Museum reopened August 27.
  • Tate galleries risk laying off 313 employees.
  • Royal Academy of Arts lost over £1 million per month during closure.
  • Michelangelo's 'Taddei Tondo' valued at over £100 million is at center of controversy.
  • All museums require mandatory online booking and one-way routes.

Entities

Artists

  • Don McCullin
  • Michelangelo
  • John Singer
  • Lily Rose
  • Wassily Kandinsky
  • Titian
  • Rebecca Salter
  • Taddeo Taddei
  • Lady Margaret Beaumont

Institutions

  • National Gallery
  • National Museum Liverpool
  • Wallace Collection
  • Royal Museum Greenwich
  • Natural History Museum
  • Science Museum
  • Victoria & Albert Museum
  • Imperial War Museum
  • Tate Modern
  • Tate Britain
  • Tate Liverpool
  • Tate St Ives
  • British Museum
  • Royal Academy of Arts
  • Department for Culture
  • The Art Newspaper
  • Artribune

Locations

  • London
  • Liverpool
  • Greenwich
  • South Kensington
  • United Kingdom
  • England

Sources