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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.

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.

triqueti campbell sculpture export bar 2718656

The U.K. government has imposed a temporary export bar on a mid-19th century marble sculpture by Henri-Joseph-François de Triqueti, depicting sisters Florence and Alice Campbell. The work, valued at £280,000 ($367,000), sold for £117,700 at Lyon and Turnbull auction house in January 2025. The Department for Culture, Media, and Sport (DCMS) intervened on the advice of the Reviewing Committee on the Export of Works of Art (RCEWA), citing the sculpture's rarity, outstanding aesthetic importance, and potential for scholarly study. The export license is deferred for three months, with a possible six-month extension, to allow a U.K. institution to acquire it.