News: Arts funding increase

Monday 22 October 2007

Government investment in the arts will be increased over the next three years, with the Arts Council due to receive an additional £50 million over the next three years – a year on year increase slightly above the rate of inflation.

The decision was announced by Arts Minister James Purnell after the Department for Culture Media and Sport’s spending review. He said “The spending review settlement is an excellent deal for arts, museums and galleries in this country, with real terms rises across the sector, plus additional investment through the Arts Council.

“The extra £50 million that the Arts Council will receive by 2010-11 will ensure that artists, performers and companies get the chance to continue producing world-class work for growing audiences.”

Peter Hewitt, Chief Executive of Arts Council England, said: “This is fantastic news – the Government has acted on the case we have made for the arts.

“It’s a recognition of the work of our artists and arts organisations whose energy and imagination have made our cultural life genuinely the envy of the world.

“The Arts Council priorities for excellence and innovation in the arts can now be made real in exciting and inspiring ways and we will work with the rest of the cultural sector to deliver a truly creative Cultural Olympiad.”

After the cuts to the lottery funded Grants for the Arts earlier this year, to be diverted to funding for the Olympics in 2012 it was feared that arts funding would be cut further.

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Guardian, 12 Oct 07

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