Thursday, 21 January 2021

The pound-per-use value of some cultural and heritage activities has been calculated in a startling series of reports that could signal a sea change in funding decisions.

In a move years in the making, DCMS has created economic guidelines for valuing culture it says will guide future funding decisions. Research based on the Treasury's model of social cost benefit analysis aims to help appraise policies, programmes and projects, as well as informing future legislation and regulation for the sector, decisions about retaining and investing in cultural assets, and... read more