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London’s National Gallery to cut staff as it faces £8.2m deficit

London's National Gallery is implementing significant staff cuts and restructuring its operations to address a projected £8.2 million deficit for the 2026-27 financial year. The institution will first offer a voluntary exit scheme to its nearly 500 staff, with compulsory redundancies possible if savings are insufficient. The financial crisis stems from rising operational costs, stagnant income, and visitor numbers that have not fully recovered to pre-pandemic levels, despite a recent boost from a popular Van Gogh exhibition.

London's National Gallery announces £750m fundraising drive towards new wing and expanded collection

London's National Gallery has announced a £750m fundraising drive, called Project Domani, to expand its collection into the 20th and 21st centuries and build a new wing on the site of St Vincent House, north of the Sainsbury Wing. Around half the target has already been pledged, including two record £150m donations from the Crankstart foundation and the Julia Rausing Trust. A shortlist of six architectural firms—including Foster + Partners, Kengo Kuma and Associates, and Selldorf Architects—has been released to design the extension, with a final choice expected by April and the wing opening in the early 2030s.