Magazine article Screen International

Autumn Statement 2015: How Will the DCMS Fare?

Magazine article Screen International

Autumn Statement 2015: How Will the DCMS Fare?

Article excerpt

The Department of Culture, Media and Sport (DCMS) is expected to shoulder its share of cuts today in Chancellor George Osborne's Autumn Statement and spending review.

The BFI, the UK's lead body for film, is likely to be among cultural bodies to face budget reductions, with grant-in-aid spending likely to take a hit.

Grant-in-aid spending, which is designed to pay for non-film production activities, includes the National Film Archive, education and the BFI Southbank.

Non-protected government departments, including the DCMS and the Department for Business, Innovation and Skills (BIS), have been told to expect between 25-40% cuts to their coffers as the chancellor seeks to find close to £20bn ($30.1bn) in savings to help chip away at the deficit.

The Chancellor will deliver his Autumn Statement at 12.30pm GMT today. However, specific organisations within departments may not know the amount of cuts they face until later in the week.

A number of departments have already reached spending reduction agreements with the chancellor, however DCMS was not one of them. …

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