To ask the Secretary of State for Digital, Culture, Media and Sport, what recent estimate he has made of the financial contribution of the arts and culture to London’s wider economy; and what steps his Department is taking to mitigate the effect of the covid-19 outbreak on those sectors in London.
12 January 2021
The most recent data available from the DCMS Provisional Sector Economic Estimates relating to 2018 shows that the Cultural Sector in London contributed £23,111m GVA, of which the London Arts Sub-Sector contributed £4,525m
The Government’s unprecedented £1.57 billion Culture Recovery Fund has now surpassed the £1 billion milestone. Over £500million in recovery grants have been made to over 3000 arts and heritage organisations in England helping to support 75,000 jobs with over £300m awarded to London through grants and repayable finance awards.