London's Arts Sector Must Master Corporate Language to Survive Funding Crisis
London arts sector must learn corporate speak to save itself

London's vibrant arts and culture scene is at a critical juncture, with experts warning that its future hinges on learning to communicate in the language of business and policy. To secure its survival, the creative sector must move beyond internal debates and demonstrate its tangible value to the wider economy through hard data and strategic partnerships.

The Funding Crisis and the Communication Gap

The scale of the challenge is stark. Local authority arts funding has been slashed by 50 per cent since 2010, leading to a severe impact on the cultural landscape. Recent BBC research revealed that the number of plays and musicals staged has fallen by almost a third compared to a decade ago. Furthermore, data from the Greater London Authority shows a devastating loss of LGBTQ+ venues, with six in ten having closed since 2006.

Culture Secretary Lisa Nandy captured the sentiment earlier this year, stating that culture has been "erased" from communities and educational curriculums. Despite four out of five visitors citing culture as a key reason for loving London, it remains a low political priority for voters. As Deputy Mayor for Culture, Justine Simons, noted, there are perceived to be "no votes in culture," causing it to be sidelined in favour of issues like healthcare and housing.

Speaking the Language of Value: Data as a Tool

The solution, argues the sector, lies in changing the narrative. Culture must no longer be viewed as a standalone industry but as a central pillar supporting all parts of the economy and society. To convince investors and policymakers, conversations must be backed by quantitative evidence.

The data to make this case already exists. According to 2025 DCMS figures, London's creative industries generate a colossal £64bn annually. The benefits extend far beyond revenue: University College London research found that people over 50 who frequently visit cultural venues have a 32% lower risk of developing depression. Studies have also linked arts programmes to reductions in crime and shown that houses near culturally significant buildings sell at a premium.

London's global appeal is undeniably linked to its culture, ranking number one in the 2024 Global Power City Index for attracting people, capital, and enterprise. This status is the result of strategic work over the past 25 years, which saw the creation of major events like Fashion Week and the London Design Festival, and iconic venues such as East Bank and the V&A.

Breaking Down Barriers and Building Bridges

Despite this progress, significant barriers threaten the pipeline of talent and the sector's momentum. Young people are often deterred from creative careers by a lack of information, parental concerns about viability, and insufficient financial support or networks. A lack of representation within the field also remains an issue.

Initiatives are underway to improve accessibility, such as the creation of 12 Creative Enterprise Zones providing over 70,000 sq ft of affordable workspace. The Culture Mile Business Improvement District (BID) in the City of London serves as a leading model for cross-sector collaboration. It integrates culture into all areas of its work, partnering with property developers like Brookfield Properties and corporations such as Newable to deliver public events, from jazz festivals to fitness challenges.

The core message is clear: for real change to happen, cultural organisations must look beyond their own sphere. They need to articulate their worth in terms that non-creatives understand, using robust data to show how culture drives footfall, improves mental health, reduces crime, and enhances property values. With culture notably absent from recent national budgets, the industry risks being sidelined just when it could offer solutions to many of London's urban challenges. The goal is to ensure culture earns a permanent seat at the economic table, recognised not as a luxury, but as a fundamental driver of the city's success.