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uk government spends big on arts sector creative time appoints jean cooney as executive director morning links for january 22 2026 1234770482

The UK government has announced a £1.5 billion funding package for the arts, described as the biggest reset for the sector in a generation. Culture secretary Lisa Nandy said London-based national museums like the British Museum and National Portrait Gallery will receive £600 million but must extend their reach beyond the capital to serve audiences nationwide. The package includes £425 million for a Creative Foundations Fund, £160 million for local and regional museums, £230 million for heritage, and smaller allocations for libraries and national organizations. Meanwhile, Vienna will temporarily close several composer museums due to culture budget cuts, and Jean Cooney has been appointed executive director of Creative Time.

french art world opposes proposal new taxes 1234761820

Two French parliamentarians, Jean-Paul Matteï and Philippe Juvin, have proposed a new tax regime on art as part of France's 2026 budget, which would make France the only major art market to impose a wealth tax on the mere possession of artworks. The French art world has strongly opposed the proposal, with 27 signatories including Art Basel, auctioneer Drouot, visual artists' rights organization ADAGP, the Association for the International Diffusion of French Art (ADIAF), and the Comité Professionel des Galeries d’Art (CPGA). Critics argue the tax is technically unenforceable, would drive collectors away, and harm the broader art ecosystem.

NSU Art Museum Receives $1.5 Million Gift for Exhibitions

The Jerry Taylor and Nancy Bryant Foundation has donated $1.5 million to NSU Art Museum Fort Lauderdale to fund exhibition development and educational programming. The gift will provide an ongoing income stream to support the museum's exhibitions, which are central to its regional and national distinction. Philanthropists Jerry Taylor and Nancy Bryant, who established their foundation in 1999, have a long history of supporting Nova Southeastern University and the museum, including a $5 million donation for a trading floor at the university's business school.