The English National Opera (ENO) has been dropped from the
Arts Council's national portfolio of organisations for 2015-18 and placed
"under special funding arrangements".
Arts Council England said the ENO must now improve its
business model or face funding cuts.
It said it would review the ENO's finances over the next two
years and "set rigorous milestones" for progress.
ENO's chairman and executive director both recently stepped
down.
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