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Why London’s Whitechapel Gallery Hired an Economist

London's Whitechapel Gallery has appointed economist Mariana Mazzucato as its first economist-in-residence, a three-year role aimed at rethinking how museums generate revenue and demonstrate social value. The gallery faces a £880,458 deficit, a 325% increase from the previous year, due to declining exhibition income, reduced trust and foundation funding, and cuts in Arts Council England grants. Mazzucato, a professor at University College London and director of the Institute for Innovation & Public Purpose, will advocate for treating culture as a strategic public investment.

The Only Guide to This Year’s Venice Biennale You Will Ever Need

The 61st Venice Biennale opens amid significant turmoil. The entire jury of the International Art Exhibition resigned after a statement about withholding prizes from countries with leaders charged with crimes against humanity by the ICC, leading to the cancellation of the Golden Lion awards in favor of 'Visitors' Lions' to be given at the exhibition's end. The event has been further marred by the sudden death of artistic director Koyo Kouoh from liver cancer in early 2025, and the death of artist Henrike Naumann, who was set to debut work in the German pavilion. Additionally, the selection process for the American pavilion artist, Mexico-based sculptor Alma Allen, sparked controversy after a delayed grant application process.

Lease agreement secures Camden Art Centre’s future for 99 years

Camden Art Centre in north London has secured its future for the next 99 years by purchasing the lease on its building, following a £1.9m fundraising campaign. The campaign, launched quietly nine months ago, reached its target quickly thanks to contributions from artists, galleries, trusts, foundations, and individuals. The building, owned by the London Borough of Camden, was previously held on a peppercorn lease for 23 years. Artists including Antony Gormley, Chantal Joffe, Alvaro Barrington, and Kara Walker supported the acquisition fund, while director Martin Clark emphasized the urgency of the deal, which had a 2027 deadline.

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