New UK Gov’t May Cut Culture Finding by 25%

In the wake of an immediate 0.5% reduction in current-year funding announced by Arts Council England late last week – a cut considered relatively light, under current circumstances – the first budget of Britain’s new coalition government envisions a drop of up to 25% over the next four years in monies for the Dept. of Culture, Media and Sport.

Source: The Stage (UK) 06/22/10