ixia

Public art has clearly benefited from public and private sector investment in regeneration initiatives over recent years. On 30^th January 2009, the Department for Communities and Local Government (DCLG) published The Credit Crunch and Regeneration: Impact and Implications by Professor Michael Parkinson, from the European Institute for Urban Affairs at Liverpool John Moores University. His report asserts that the current economic crisis is impacting on a financial model that has underpinned regeneration in recent years and pressure on the sector is likely to get more intense. Consequently, the immediate scenario for the public art sector is fewer regeneration initiatives leading to fewer opportunities for public art. Click here to view ixia’s opinion and the report.