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Idea for Greece? Britain worth 15 billion more thanks to art

It could just be a solution to Greece's problems: investing in culture. For Britain, at least, the softest of all sectors has proved a fertile cash cow. The cultural sector added 15 billion in value to the economy there last year, almost 3 billion more than two years ago. In other words, for every pound the government put in in the form of subsidies, 5 euros came back in the form of taxes paid by the cultural sector. Net revenue from subsidies al...

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Wijbrand Schaap

Cultural journalist since 1996. Worked as theatre critic, columnist and reporter for Algemeen Dagblad, Utrechts Nieuwsblad, Rotterdams Dagblad, Parool and regional newspapers through Associated Press Services. Interviews for TheaterMaker, Theatererkrant Magazine, Ons Erfdeel, Boekman. Podcast maker, likes to experiment with new media. Culture Press is called the brainchild I gave birth to in 2009. Life partner of Suzanne Brink roommate of Edje, Fonzie and Rufus. Search and find me on Mastodon.View Author posts

It could just be a solution to Greece's problems: investing in culture. For Britain, at least, the softest of all sectors has proved a fertile cash cow. The cultural sector added 15 billion in value to the economy there last year, almost 3 billion more than two years ago. In other words, for every pound the government put in in the form of subsidies, 5 euros came back in the form of taxes paid by the cultural sector. Net revenue from subsidies al...

You can now log in to continue reading!

Welcome to the Culture Press archive! As a member, you have access to all, over 4,000 posts we have made since our inception in 2009!

(Recent posts (under three months old) are available for all to read, thanks to our members!)

Become a member, or log in below:

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