“cutting arts funding is a false economy?”
£100m investment will yield significant initial return, with long-tail benefits. The money must be spent now. It can be a mix of grant funding, equity investment, loans and mezzanine finance. It can also leverage additional investment through public-private partnerships.
Scotland is at a crossroads. The cultural sector is an essential part of the country’s economy, society and environment. If the Scottish Government carries on down the path of cultural neglect, our national economy will continue to suffer. Alternatively, choosing mission-oriented strategic investment, Scotland can secure both immediate economic returns and long-term growth.
The cost of inaction is too high to ignore, and the potential returns are too great to miss. We cannot afford hollow promises and false economies. Let’s commit to real investment and realise culture’s potential as the driving force behind Scotland’s future.