"If it cheered up your weekend to read in the Guardian that Barclays paid just £113m in corporation tax in 2009, the year it made £11.6bn in profits, then here are more (depressing) stats about huge companies.
Arts & Business has released its latest report looking at the landscape when it comes to corporate giving to the arts. The figures show that only around one in five of FTSE 100 companies invest in the arts. Other stats include the fact that: • 38% of the cultural sector receives no private investment whatsoever. • Everywhere in England outside London has seen a 15% fall in investment and a 17% fall in philanthropy. • Overall, private investment in culture fell by 3% in real terms to £658m • Business investment fell by 11% - the third consecutive year of decrease to £144m • Individual philanthropy was down 4%. • Trusts and foundations overtook business investment for the first time since 2004 to £155m" http://www.guardian.co.uk/culture/culture-cuts-blog/2011/feb/20/arts-funding-arts-policy1 _______________________________________________ NetBehaviour mailing list [email protected] http://www.netbehaviour.org/mailman/listinfo/netbehaviour
