September 2013

Investing in art pays dividends!

We British are a complex race and nowhere does it show more than in our various approaches to art and culture. While people moan about the eccentricities of some of our contemporary art and theatre, hard economic facts in a time of financial hardship get attention. Earlier this year the Arts Council argued that the culture industry is an ‘undeniably vibrant sector’, providing good returns on investment. It commissioned an independent economic study, which found that the sector currently makes up 0.4 per cent of GDP from just 0.1 per cent of investment. For every £1 of subsidy given to the arts, the sector made a £7 contribution to GDP. No doubt there is a similar return in many other countries.

In Cassone we try to feature as many different types of art, design, architecture and visual studies as possible and like the arts in general, we give a good return on the small...

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