London’s National Theatre is about to report its first budget deficit since the mid-1980s. The National, which receives government subsidies of more than £1 million a month, has suffered in the past year from bad reviews and some delayed productions. “It is only a slight loss, at £160,000, but that is being seen as a worrying overspend. If the National Theatre is doing well, then everyone perceives that London theatre is doing well – so many would prefer that it was successful.” – BBC