The move is part of £6.2 billion reductions across Government in this financial year, announced today by the Chancellor. The savings will be made by:
* reducing the ODA budget by £27 million
* a 3% cut to all bodies within the DCMS sector
* cutting the department’s core budget by 3%
* an additional reduction in Arts Council England’s (ACE) budget of £5 million (we are discussing with ACE the use of historic reserves that it has been hitherto unable to access, which may allow extra spending this year to mitigate the overall reduction to the arts sector)
“I have been clear that all parts of DCMS’s areas would need to play their part in meeting the challenge of reducing the deficit,” says Jeremy Hunt, the Culture Secretary. “I have asked our bodies to make these savings while protecting frontline services wherever possible…”
Culture UK News:LINK
