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The extinction of the arts has been deferred – for now

11 July 2020

9:00 AM

11 July 2020

9:00 AM

The government’s £1.57 billion lifeline for the cultural sector was bigger than most practitioners were expecting — and drew a chorus of approval from arts panjandrums lined up to offer quotes on the end of the DCMS press release. A nifty media exercise, then, and a smart deployment of the Hank Paulson ‘big number’: when the US treasury secretary unveiled his $700 billion bailout package in 2008, a staffer admitted the number had been pulled out of the air simply because it sounded huge.

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