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Arts Council England’s Chief Executive, Alan Davey, explains why funding for London won’t increase in this round, but don’t expect major change.

The Arts Council’s investment process is well underway; in July we are going to announce how we plan to invest for the next three years in a National portfolio of organisations - one of our three connected investment strands alongside Grants for the arts and our strategic funds.

In March we received applications from 876 organisations to become National portfolio organisations and from 26 museums for Major partner museum status. Together, those organisations requested a total of approximately £422.5m for 2015-16, against a budget of £355.2m.

As we closed our application process we were already faced with a £70 million gap between our available annual budget and a scale of genuine ambition we cannot meet in every case... Keep reading on Arts Council England's blog

Full story

Balancing act! (Arts Council England)