The company will now start the process of making an application to the Arts Council for an award up to this amount. ENO’s developing plans are based on a reimagined artistic and business model with a primary base out of London, whilst continuing to own, manage and put on work at the London Coliseum.

The provisional budget of up to £24million investment for 2024-25 and 2025-26 is to support the ENO make a phased transition to this new artistic and business model, and will include work split between their new main base and London. This will be subject to application and assessment with a decision by the Arts Council expected this summer. This funding would be in addition to the £11.46 million already agreed for 2023/24.

The shared ambition is for the ENO to be in a strong position to apply to the Arts Council’s National Portfolio of funded organisations from 2026.