CABE, English Heritage, Tate and the British Museum will all have to cut three per cent from their budgets this year following sweeping spending cuts announced by the Government ahead of its emergency budget
The Department for Media Culture and Sport (DCMS) has been told to slash £88 million from its budget by Chancellor George Osborne and his LibDem chief secretary David Laws, which will mean three per cent savings across all its funded bodies.
The full impact on each organisations’ activities at this stage has yet to be determined, and the true extent of the ‘bonfire of the quangos’ hinges on further detail expected in this morning’s Queen’s speech.
Also affected could be projects such as the UK Film council’s rumoured bid to merge with BFI on its new South Bank scheme and Rogers Stirk Harbour + Partners’ exttension to the British Museum.
The review, which is part of the far-reaching £6.2 billion programme of savings for the year up to March 2011, has also cut £27 million from the Olympic Development Authority, responsible for the £9 billion London 2012 construction project.
An emergency budget in June, and comprehensive spending review scheduled for the Autumn, are expected to bring further wide-ranging spending reform.
Government pre-budget spending cuts
Department for Transport:£683 million
Communities and Local Government: £780 million
Local Government DEL: £405 million
Business: £836 million
Home Office: £367 million
Department for Education: £670 million
Ministry of Justice: £325 million
Law Officers’ Departments: £18 million
Foreign Office: £55 million
Department of Energy and Climate Change: £85 million
Environment, Food and Rural Affairs: £162 million
Culture, Media and Sport: £88 million
Work and Pensions: £535 million
Chancellor’s Departments: £451 million
Cabinet Office: £79 million
Devolved Administrations: £704 million