Arts and Culture: Finance

(asked on 13th July 2023) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what steps her Department is taking to provide financial support to arts and cultural organisations.


Answered by
John Whittingdale Portrait
John Whittingdale
This question was answered on 20th July 2023

HM Government recognises the great value of the UK’s world-leading arts and cultural sectors, and the Department for Culture, Media and Sport has a strong record of support for organisations in this space.

Arts Council England are spending £444 million annually on a record 985 organisations in their National Portfolio, which was enabled by a total increase of over £43 million in Arts Council Funding across the most recent Spending Review period.

We are also investing more than £200 million through the Cultural Investment Fund over this Spending Review period, and the £1.57 billion Cultural Recovery Fund supported around 5,000 organisations. The extension to the higher rate of cultural tax reliefs secured at Spring Budget 2023 is estimated to be worth £350 million over the five year forecast period.

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