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Wednesday 16 October 2019

Not What it Seems on the Tin

The £250 million for Creative industries and culture recently announced is one of those numbers designed to sound big whilst actually not being that great.

Firstly, is is a five year grant so it is actually £50 million per year.  Secondly, the £125 million for "libraries and museums" is not that much per authority even if it were evenly spread across England's c. 150 library authorities.  Thirdly it won't be, it will be awarded by ministers on who knows what criteria to whoever they pick.  One Museum, like the National Rail Museum for instance, could easily suck up a good deal of it in one go.  Fourthly, as non revenue spend, it will have to go into capital expenditure, and such relatively small sums can be used up very quickly.

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