Plans to build a new concert hall in London have moved ahead. After the very positive conclusion of an official feasibility study and the proposal of a £280m budget, the City of London announced to donate the land at the site currently used by the Museum of London (next to the Barbican) and the government will spend £5m on initial designs and a business plan. The target is to raise £125m from philanthropists, with £185m coming from local and national government.

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