Cost of Living
Understand the impact of the cost-of-living crisis on cultural participation, as well as the wider engagement impacts of financial inequality.
Hot on the heels of Covid, the cost-of-living crisis has become the key issue driving cultural engagement levels. It’s also the sort of issue that many data sources find difficult to handle (e.g. it’s not something asked about in long-running cultural surveys). It is included in the Cultural Participation Monitor, though – and we’ve seen strikingly high proportions of people saying that they’re worried about it, and that it’s affecting what - and how much – cultural activity they do.
In particular, we’ve seen it affecting some of the groups who were most likely to have been engaging in the post-lockdown period: families and younger audiences. It also affects those who were already less well-off – a group impacted by each of the many waves of the ‘permacrisis’ (e.g. austerity, Covid, the cost-of-living, the climate crisis).
From The Audience Agency
Sources from elsewhere
Financial climate for museums to 'get worse before it gets better'
Arts Professional Paid
The cost-of-living crisis continues to impact museums across England, and the situation is expected to get worse before it gets better, according to a new report.
‘It’s really desperate’: cost of living crisis spells bleak times for British arts venues
Many in the UK’s creative sector are being hit hard by rising fuel costs and reluctant audiences.
Bank of England
A tool for calculating how UK prices have changed over time.