The Hall for Cornwall's theatre redevelopment project was given a £2 million boost in George Osborne's budget in recognition of its contribution to the local economy.

The arts' facility has been planning a significant and much-needed redevelopment of its theatre and heritage building for the last three years, seeking to safeguard the future of its Grade II listed building and transform the venue into a dynamic and high quality environment for world-class theatre.

Julien Boast, chief executive at Hall for Cornwall, said: “This is incredibly exciting news as we believe the people of Truro and Cornwall deserve access to the best performing arts possible which will rival any city in the country.

"The theatre consultation and exhibition over the last three weeks, has given the people of Cornwall the opportunity to contribute their comments and suggestions to our proposed redevelopment. Whilst the project is still subject to securing planning and the necessary funds needed to make it happen, the announcement today takes the venue a step further in realising its ambition, to be an arts venue serving the whole of Cornwall as a major economic and cultural driver.”

The project has already gained support from Cornwall Council and Arts Council England and Hall for Cornwall is grateful for their continued support. The ongoing goal is to secure the necessary funds from a variety of public and private sources, including public funding, individual grants and donations. Up until that time, Hall for Cornwall remains open for business as usual, offering an exciting programme of performance, comedy, music and dance.