A West End Crisis

Is London’s West End in decline? Last year 100,000 fewer people attended the theatre. “Cameron Mackintosh’s profits fell by nearly 30% to £6.4m last year. The theatre impresario’s empire also saw sales fall by 10% during the 2002-03 financial year as foreign visitors stayed away and the company’s money-spinning musicals, Les Misérables and The Phantom of the Opera, began to show their age.”