Free museums to be spared worst of budget cuts
Britain’s publically funded museums are to be spared from the worst of the Government’s spending cuts, the Chancellor George Osborne is preparing to announce.
Under plans agreed with the Department of Culture, The Independent understands that museums and art galleries will see their budgets reduced by half that faced by other Government departments.
At the same time the Treasury will allow them to borrow up to £40m per year from Government to invest in future growth and give them access to their reserves, so that they can save up major donations and spend them over time. The move comes amid warnings that several museums may have to close if they were forced to find budget savings of 10 per cent.
The Science Museum Group, which runs several attractions around the country, issued one closure warning. The National Coal Mining Museum near Wakefield in West Yorkshire yesterday said it was at risk alongside Bradford’s National Media Museum, the National Railway Museum in York and the Museum of Science and Industry (MoSI) in Manchester.
However, under the deal with the Treasury the cuts will now be 5 per cent, which many major institutions believe will be manageable.
Danny Alexander, Chief Secretary to the Treasury announced today that six more Government departments, including the Home Office and DCMS, had agreed to cut their spending by up to 10 per cent.
The agreement means that a third of the planned £11.5bn savings to be made by 2016 have been achieved.
However, there is still no agreement with the Ministry of Defence or the Department of Business over their budget cuts. Mr Osborne will announce where the cuts will fall in his Comprehensive Spending Review later this month.
Speaking this morning, Mr Alexander said that more progress had been made compared to the previous CSR in 2010
“We’re around a third of the way there to the total, but of course discussions are continuing with the remaining departments that haven’t settled yet,” he said. “Those discussions are going well.”
In a letter to the chairs of nationally important art galleries and museums Mr Osborne said he was keen to give them new powers. “Museums are of huge economic, as well as cultural, importance to the UK,” he wrote.
- 1 I've been called an abusive and dangerous parent, when all I did was listen to my transgender child
- 2 Smartphones are making children borderline autistic, says psychiatrist
- 3 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
Smartphones are making children borderline autistic, says psychiatrist
Nepal earthquake: More than 1,100 killed across four countries and in Mount Everest avalanche
Nepal earthquake: The race is on to help thousands trapped under rubble around Kathmandu, while remote villages face a long wait for help
Royal baby: Live updates as superbug closes ward at St Mary's Hospital where Duchess of Cambridge is due to give birth
Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
Rupert Murdoch berated Sun journalists for not doing enough to attack Ed Miliband and stop him winning the general election
£26000 - £28000 per annum + benefits : Ashdown Group: Senior Accounts Assistan...
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...
£16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...