The UK chancellor, George Osborne, has unveiled his 7% spending cut in the Department for Culture, Media and Sport, which is part of the Spending Review. The Arts Council will share less of the burden however, with a 5% reduction during 2015/16.
Acting chief at the Royal Opera House, Sally O’Neill, said,
I am encouraged that the government has listened to our concerns and recognizes the value that arts and culture make to both the quality of people’s lives, and also to the economy. I now look forward to working with Arts Council England as they determine how best to allocate their resources for the future. We recognize that the 5% cut will have a significant impact and we will continue to do all we can to support our colleagues across the sector, including those working in the smaller and regional companies who play such a vital role in the creative industries and who may also be impacted by the 10% cut to local governments.… [continue reading]
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