Arts and Tourism: Finance

(asked on 11th March 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to allocate funding to support (a) sustainability and (b) innovation in the arts, tourism and leisure sector.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 18th March 2025

The Government has included the Creative Industries as one of the priority sectors in the Industrial Strategy, and as part of this is considering opportunities to support sustainability and innovation in the arts.

At Phase 1 of the Spending Review the Government allocated funding to support the arts and cultural sector, including a £270 million Arts Everywhere Fund that will help to improve the financial and environmental sustainability of arts venues and a £60 million package for the Creative Industries announced at the Creative Industries Growth Moment in January that will help creative business to grow and facilitate innovation.

The Government also supports the tourism industry primarily through funding for the British Tourist Authority to support VisitBritain and VisitEngland.

Any new funding plans will be considered as part of Phase 2 of the Spending Review in June.

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