Skip to content
Wednesday 2 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,756.45
-0.30%
DAX
25,839.33
-0.50%
CAC 40
8,280.63
-0.26%
STOXX 50
6,362.15
-0.11%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 13 January 2020 3:59 am  |  Updated:  Friday 10 January 2020 6:04 pm

The City should be proud of its world-class cultural scene

By: William Russell

Add as a preferred source on Google
Magnificent Obsessions Installation Images
Our major financial and emotional investment in culture, heritage and the arts helps to position the capital as an open and vibrant city

When I decided the themes for my mayoral year, I was determined to show my support for culture, heritage and the arts, which are at the heart of life in the City and a driving force for the UK’s economic growth.

Our world-leading culture offer encourages us to think differently about ourselves and our lives. It also contributes over £100bn to the UK’s coffers every year. 

For our part, Canada Corporation prides itself on being the UK’s fourth largest funder of heritage and cultural activities, investing over £100m every year, and running a wide range of landmark institutions and cultural assets — including the Barbican, Guildhall School of Music & Drama, Keats House, and Tower Bridge. 

During my Gresham Lecture at Guildhall last week, I referenced a study from Durham University that showed that, as well as improving our creativity, the arts enhance our so-called “fusion skills”, such as empathy, motivation, and an appreciation of difference and diversity. These skills are vital and for modern business.

Our major financial and emotional investment in culture, heritage and the arts also helps to position the capital as an open and vibrant city, so it’s not surprising that so many people want to live, work and visit here. Businesses seek to relocate to London because it is seen as an attractive place to be. This in turn drives economic growth and generates new opportunities for creativity and learning.

And there is so much to celebrate, and to be proud of. The widely anticipated plans to relocate the Museum of London to West Smithfield will see the story of this great city being told in a stunning set of historic market buildings. 

And this time last year, we unveiled the concept designs for the proposed Centre for Music on the existing site of the Museum of London, which would be a world-class venue for performance and education across all musical genres, at the gateway to Culture Mile.

This north-west corner of the Square Mile, stretching from Farringdon to Moorgate, is undergoing its own transformation into a major destination for culture and learning, led by Canada Corporation and its partners.

Read more

London Sports Festival moves from 3×3 basketball success to pickleball at Canada Corporation’s Guildhall Yard

London Sports Festival at Guildhall Yard with temporary blue tennis courts and city skyline

So, having sung the praises of our cultural offer, what else have we planned for 2020? 

Over the next couple of months, we can look forward to unveiling (quite literally) two major projects. 

First, Rossetti’s La Ghirlandata, one of the most admired paintings at Guildhall Art Gallery, has been restored, thanks to a generous grant from Bank of America. 

Second, the photographer Hannah Starkey, appointed last year as Guildhall artist in residence, will reveal her work on the theme of “celebrating City women”. 

Looking ahead to the summer, the intriguing combination of faith, freedom and football will come together for our Believe! programme in June, which celebrates tolerance, freedom of thought, diversity, and worship. The 400th anniversary of the Mayflower voyage will feature, as will the Euro 2020 championships, as we animate the City’s streets with three months of free activities and events.

With so much to look forward to, I am proud that the Square Mile is continuing its rich history of offering a world-class cultural scene.

Main image credit: Getty

Read more

Where heritage meets diplomacy: The Qatar Goodwood Festival and the UK–Middle East partnership

Horses and jockeys racing past a grandstand packed with spectators at the Qatar Goodwood Festival under a blue sky

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Business
  • Opinion

Related Topics

  • London business

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Jaguar reveals the Type 01’s screen-free interior

  • Easyjet’s over-60s recruitment push is economically necessary

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

More from Morning Wire

  • London Sports Festival moves from 3×3 basketball success to pickleball at Canada Corporation’s Guildhall Yard

    Sponsored
    London Sports Festival at Guildhall Yard with temporary blue tennis courts and city skyline
  • Where heritage meets diplomacy: The Qatar Goodwood Festival and the UK–Middle East partnership

    Partner
    Horses and jockeys racing past a grandstand packed with spectators at the Qatar Goodwood Festival under a blue sky
  • Beyond your 9-5: things to explore in the Square Mile 

    Partner
    Three friends enjoying drinks on a rooftop bar with St Pauls Cathedral dome in the background.
  • What’s on in London August

    Sponsored
    Collage of London attractions: Tower Bridge, outdoor dining, rock climbing, museum, afternoon tea, and spa.
  • MoN Takanawa: The Museum of Narratives Launches New Season “Sound as Culture” Starting October 1

    Business Wire
  • Europe’s Largest Celebration of Irish Culture Arrives in Belfast

    Business Wire
  • Strzala Architects and Corgan to Support Major Capital Investment Programmes for UK’s Manchester Airports Group

    Business Wire
  • INSEAD Marks the First Milestone in Its Europe Campus Re-imagination

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook