IPSWICH'S New Wolsey Theatre is set to benefit from the £32 million of grants promised to arts organisations in East Anglia, it emerged today.The theatre is among the 35 arts organisations expected to benefit from the cash - which will also give a big boost to touring company Eastern Angles.

IPSWICH'S New Wolsey Theatre is set to benefit from the £32 million of grants promised to arts organisations in East Anglia, it emerged today.

The theatre is among the 35 arts organisations expected to benefit from the cash - which will also give a big boost to touring company Eastern Angles.

Arts Council East Executive Director Andrea Stark said: “In the east, our approach will mean that the majority of our arts organisations will have a stronger, better future over the next three years.

“This will also enable them to work in a range of settings to offer great art to more people in more places.”

Among the recipients seeing an increase in funding are Norfolk and Norwich Festival, Luton Carnival Arts Development Trust and the New Wolsey Theatre.

Bosses at the Ipswich-based theatre company Eastern Angles have expressed relief today as the organisation was given news of a compromise agreement with the Arts Council.

The theatre company have been told that proposed funding cuts of more than £100,000 had been reduced to £23,000. The announcement came after a sustained campaign by the theatre company which enlisted support from a number of performers, writers and directors including Sir Peter Hall, Griff Rhys Jones, Louis de Bernières and Alistair McGowan.

Eastern Angles artistic director Ivan Cutting said; “This is a terrific result and far better than we ever imagined. It's good news for us, good news for the Arts Council and good news for our audiences in this region and beyond.”

“We look forward to working closely with the Arts Council during the coming months and years and getting down to rehearsals for Cuckoo Teapot, which begins a 12-week regional tour on February 13th.”

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