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The Guardian // Business // Economics

Labour should ‘invest big’ in arts and culture projects, says top economist

Sunday 27th October 2024, 3:42PM

Andy Haldane says funding ‘social infrastructure’ and cultural institutions is crucial for communitiesNow is the time to “invest, and invest big” in radical millennium-style arts and culture projects across the UK, an economist has urged ahead of the Labour government’s first budget on Wednesday.The chancellor, Rachel Reeves, needs to urgently fund projects that “make lives livable” to help rebuild deprived parts of the country, said Andy Haldane, the chief executive of the Royal Society for Arts and former chief economist at the Bank of England. Continue reading...

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