News and Events
Ed Vaizey denies arts funding decision is imminent
22nd Jul 2010
Speaking to The Stage, Vaizey said all government departments were in the process of making preliminary submissions to the Treasury regarding their budgets, but no final settlements would be handed down until the end of the spending review, which has been scheduled for October 20.
Vaizey said: �All departments, as I understand it, are making a preliminary submission to the Treasury for the Treasury to have a look at the scenario that could play out. How negotiations go beyond that is, I think, an open question in terms of who the Treasury decides it wants to sit down with and talk to. But, as far as I am aware, no final settlement will be reached for any department until the close of the spending review.�
His assertion counters widespread rumours that the DCMS might receive an early settlement from the Treasury, and comments from Nicholas Serota, director of the Tate, who said last week that he thought the arts sector had �days rather than weeks� to make a case to politicians for its funding.
Source: The Stage
