Institution blames ‘increasing costs and changing visitor behaviours’ as numbers fail to recover since Covid lockdown

The Royal Academy of Arts (RA) could axe 60 roles as part of a cost-cutting exercise, with leaders admitting it is facing a “serious financial challenge” after visitor numbers failed to recover to pre-pandemic levels.

The institution blamed “increasing costs and changing visitor behaviours” for the move, which could lead to about 18% of the RA workforce losing their jobs.