Demise of Film Council
There is something very seriously rotten in the State when the Government can decide to abolish the Film Council to save £15m a year at the same time that the head of BP is said to be about to take a severance package of approaching the same amount. The disparity is all the more striking when you register that while BP is writing off more than £20 billion to pay for the Gulf of Mexico oil spill, the Film Council has been responsible for allocating a mere £160m of Lottery funding to more than 900 films which have entertained over 200 million people and helped to generate over £700 million at the box office worldwide, or almost £5 for every £1 of Lottery money thus invested. Read more