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Government invests in BFI National Film Centre

19th October 2009

The government has announced that GBP 45 million has been committed to a new state-of-the-art film centre on London's South Bank.

The British Film Institute (BFI) National Film Centre, which is expected to have a total cost of GBP 166 million, will show the best of British and world cinema on its five screens and provide space for exhibitions and cultural events.

Prime minister Gordon Brown commented: 'Britain has achieved worldwide respect for its innovative and vibrant film industry, exceptional arts and rich cultural heritage. This project creates a new home for British film right at the heart of London's cultural centre on the South Bank.'

Additional funding for the UK's cultural scene was announced, with GBP 50 million earmarked for the extension of Tate Modern and GBP 33 million to safeguard the future of the British Library's newspaper archive.

Furthermore, GBP 22.5 million will support the creation of the British Museum's World Conservation and Exhibitions Centre and GBP 10 million will be invested in a new visitor centre at Stonehenge.

In August, creative industries minister Sion Simon argued that plans to merge the UK Film Council and the BFI will help the country to reach its full potential in the cinema world.

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