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Arts and post-Brexit economy


Courtesy Tate Modern

Tate Modern reports that the Prime Minister has appointed Michael Lynton, Chairman of Snap Inc and CEO of Sony Entertainment as the museum's new Media Business Trustee. It is also staging the first solo exhibition of Picasso's work, ever to be held at Tate Modern, 'Picasso 1932 - Love, Fame, Tragedy' until September, which it claims that it will be one of the most significant shows that the gallery has ever staged.

The importance placed on museum directors' appointments and their leadership behaviour along with the quality of visitor exhibition and access well into the evening, marks the significance that this sector brings to the economy.

Museums, architecture and galleries were featured in the UK government's industrial strategy Green Paper for growing the UK's post-Brexit economy. However, The Creative Industries Federation now wants tax breaks and access to finance in order to help with film-making, music and video games businesses and to have their importance recognised by the government to the overall economy.

The Arts Council England states that the creative industries contribution to the economy grew by 9.9 % during 2012 - 13, more than any other industrial sector including financial services. While Visit Britain has established that our arts and heritage generate £4.5 billion of tourist spending each year.

Join our forum in June at Burlington House, London where the Chief Executive of English Heritage, Duncan Wilson, will be talking about the importance of heritage in the growth of our UK cities economy.

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