The family foundation of the international shipping magnate Eyal Ofer has donated £10 million to Tate Modern to help fund its development.
A museum within a museum has opened in Tate Modern as part of the gallery's expansion into African art.
Masterworks by British contemporary art giants Francis Bacon and David Hockney will go under the hammer today in a £66 million bonanza.
Cardinal says Holy See must reclaim role as patron of the arts
Tube map pioneer Harry Beck will today have his iconic creation officially commemorated on the 80th anniversary of its first public appearance.
It was a "healthy" night of sales at Sotheby's yesterday evening as a contemporary art auction brought in more than £74 million - the auction house's second-highest total for a February sale of contemporary art in London.
Two Forms (Divided Circle) was cut from its plinth by suspected scrap metal thieves last year
Mariko Mori draws on the spiritual traditions of her native Japan and the mass-produced materials of the West to give her work an ethereal quality. Her new show at the Royal Academy leaves Adrian Hamilton entranced
If the economic outlook for the art world is to be judged on the past 48 hours in New York then it is very healthy indeed.
You could also argue that the riots of 2011 and the welfare cuts of 2012, make Shameless more necessary than ever. Creator Paul Abbott evidently disagrees
London's Frieze week caters for the poorer collector, too, says Anny Shaw
London's Frieze week caters for the poorer collector, too
Relocated gallery hosts Norwegian sculptors' debut UK exhibition
Paint the town red ... and yellow ... and blue ... and grey
Melvyn Bragg is resurrecting The South Bank Show with an interview of Dizzee Rascal in a new documentary on the rise of the grime scene.
The nominees in the running for this year's award are a predictably eclectic bunch