Budget 2024: permanent tax relief for museums, multi-million funding announced

This article was published by Museums and Heritage.

In November the government announced that it had set aside £100m for ‘levelling up’ culture projects.

Today, following the budget speech, The Department for Levelling Up, Housing and Communities has provided more details.

Of the £100m set aside, £52.6m is provisionally budgeted for six “nationally-significant cultural investments”, which it said will allow it to “maximise the impact of culture investment within the quantum available.”

The £52.5m comprises of £15m for the National Railway Museum in York, £10m for National Museums Liverpool, £5m for National Poetry Centre and £10m for British Library North in Leeds, £2.6m for V&A Dundee and £10m Venue Cymru in Conwy, Wales.

The National Railway Museum said the £15m capital will “safeguard.. plans for the future of its estate and collections care, and inspire the next generation with the past, present and future of the railways.”