The Royal Institution of Great Britain, which is under financial pressure and may have to sell some or all of its landmark building on Albemarle Street in London’s West End, has received a £4.4-million anonymous donation.
The RI’s chairman, Richard Sykes, made the announcement on 20 March. “This donation is very timely and will clear the RI’s bank debt, as well as giving us the breathing room to explore other options more fully. However, our financial issues are far from being resolved,” he said.
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