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gavel restitution schedule Mar 10, 2026 visibility 6 link 2 artists, 3 galleries

uk government slaps export ban on howard hodgkin work after bonhams sold it for a record 1 7 m 1234776717

The UK government has issued a temporary export ban on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The Department for Culture, Media, and Sport (DCMS) intervened after the buyer applied for an export license, triggering a deferral period that allows British museums or galleries until June 4 to match the auction price and keep the work within the country.

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article policy schedule Mar 10, 2026 visibility 5 link 2 galleries

Self-generated income for UK museums ‘can only go so far’ in filling gaps left by funding cuts, report says

A new report from the National Audit Office (NAO) warns that state-funded UK museums are reaching a breaking point as they attempt to offset significant government funding cuts with self-generated income. Analyzing 15 major institutions including the British Museum and Tate, the report reveals that while self-generated revenue rose by 53% since 2021-22, it remains highly volatile and susceptible to external factors like tourism costs and membership churn. Despite a recent £31m funding boost from the DCMS, over half of these institutions report being in a worse financial position than they were three years ago.

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