The money will help protect the UK's theatres, music venues, independent cinemas and heritage sites.
The research is based on the number of missed screenings, urgent referrals and delayed treatments.
The South East will be badly hit initially, but other areas will face a painful recovery, says a report.
The government pledges £111m for schemes in England to get young people into work.
British sprinter Bianca Williams and her partner accuse the Metropolitan Police of racial profiling and acting violently towards them.