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Whose bailout is it anyway? Saving the Arts may not save Culture

Empty Theatre (almost) | An experiment with HDR. | Flickr

The recent announcement by the government that they are giving a £1.57bn ‘bailout’ to the UK’s arts and cultural sector has been hugely welcoming. As far as traditionally culture-shy and fiscally prudent Conservative governments go, it is a huge amount; it is almost three times the annual budget of Arts Council England. But when you consider it against the pay out in France of €7bn and the fact that the UK creative sector is worth £111.7bn it suddenly seems a relatively austere investment.

But despite that, and after weeks of campaigning, it will no doubt save some of our most valued and treasured cultural institutions (although it may too late for some). It is certainly a substantial amount that begs the question, where is all this money going and will it go to the people who need it most?

For me, there are three very important issues that can’t be swept away with the tidal wave of relief that this much-needed cash injection for these cultural institutions brings.

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