Andy Haldane, the chief executive of the Royal Society for Arts and former chief economist at the Bank of England, said the chancellor, Rachel Reeves, needs to urgently fund projects that "make lives liveable" to help rebuild deprived parts of the country.
This should include making a "big, bold bet" similar to that made by the previous Labour government in the run-up to the year 2000 when it set up the Millennium Commission, providing £2bn of National Lottery funding to dozens of arts and culture institutions.
Examples include the Eden Project in Cornwall, the Wales Millennium Centre, The Deep aquarium in Hull, Glasgow Science Centre and the Millennium Dome, which is now the O2 Arena.
Many were built on brownfield sites, particularly in areas with high levels of deprivation, which in some cases then led to a dramatic economic transformation of the area.
Bu hikaye The Guardian dergisinin October 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Guardian dergisinin October 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Peace deal
What will the agreement entail?
'I felt the scapegoat' Bellingham laments media treatment on England duty
Jude Bellingham has said he felt the \"whole world crumbling down on me\" after being mistreated and made a scapegoat for England's defeat in the European Championship final.
United spent £8.6m sacking staff in drive to cut costs
Manchester United spent £8.6m on redundancies in the first quarter of its financial year due to Sir Jim Ratcliffe's drive to reduce the workforce from around 1,000 by 250, the club's latest accounts show.
Slot says contract dispute may be bringing best out of Salah
Khephren Thuram on his father Lilian's activism, what Thierry Henry always told him, and facing Aston Villa
Saka leads Arsenal's charge to blast away doubts on the road in Europe
This was some response to charges of being shot shy. Arsenal's lack of cutting edge on foreign trips had been the pre-match talking point but it turned out they had saved up a hiding for the continent's form team.
City stunned by late fightback as Guardiola's winless run goes on
Manchester City's losing sequence is over - just. But they are still a listing ship that can go down at any moment.
Kerr breaks new ground coaching men at Hearts
Shelley Kerr will lead male player development at the Edinburgh club
'He's a cool cat' Special Bethell ready to pounce on Test debut
Test debutant has impressed everyone from a young age but can he carry off batting at No 3 against New Zealand?
West Brom deny Isidor and hold out for draw
Sunderland extended their unbeaten run to 10 games but, as the smattering of gentle boos that greeted the final whistle testified, it was most certainly not a cause for celebration on Wearside.
George in the groove and ready to rock for England
Manchester United left-back was never going to let rehab end her dream and hopes for a Wembley bow against USA
