If Osborne misses his new target, there really is nothing left to cut
The British Film Institute (BFI) is to lose £1.3m of its government funding over the next four years, it has been announced in the 2015 Autumn statement and spending review.
The BFI – which is the UK’s lead agency for film and is responsible for funding film production, as well as maintaining the national film archive, a network of cinemas including the BFI Southbank, and film education programmes – will have its grant-in-aid payment reduced by 8%. This is on top of a 10% reduction for the current 2015/16 financial year.
Looks like there’s still more that can be cut to me.