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Announcement on Royal Opera House due today

Royal Opera House chairman Sir Colin Southgate is expected to make a “significant announcement ” about further economies at the troubled company.

Speculation has been rampant including a suggestion that the opera house was being forced into liquidation. Insiders deny a permanent closure.

A new £214m refurbished Covent Garden opera house is expected to reopen in December 1999.

The Guardian 09/09/98 page 1, page 5

Financial Times 09/09/98 page 14

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