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■ Simon Armitage's The Last Days of Troy

Lily Cole made the transition from model to actor more credibly than most with big-screen turns in The Imaginarium of Doctor Parnassus and Snow White and the Huntsman. This summer, she makes her Globe debut in Simon Armitage's epic retelling of Homer's Iliad, but not before it premieres in Manchester. Royal Exchange, Manchester (0161-833 9833), 8 May to 7 June.

■ London Grammar

The atmospheric, trip hop-inspired trio look set for ever greater things after supporting Coldplay at this year's SXSW. Catch them meandering across the country in June before they set up camp at Worthy Farm for what's sure to be a glorious Glastonbury set. Plymouth, London, Wolverhampton, Nottingham and Manchester (0844 844 0444), 1-8 June.

■ British Folk Art: The House That Jack Built

When American folk art got its revival – and major museums – it never fell back out of fashion. Now it's the turn of its British counterpart, as the Tate hosts this first major survey of the genre. More than 100 paintings, sculptures and textile works will challenge our perceived distinction between "high art" and the artefact. Tate Britain, London (020-7887 8888), 10 June–31 August.

Last chance to see

■ The Velveteen Rabbit

"What is real?" asks the toy at the heart of this well-worn tale. Margery Williams's children's book becomes a "heart-wrenching piece of contemporary theatre" in Purni Morell's stage adaptation, according to Lyn Gardner. And while our critic hoped this bunny would hop and hop, this is your last chance to catch it. Unicorn, London (020-7645 0560), until Saturday.