Westminster Media Forum

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Valuing culture and heritage capital - research, evidence and investment decisions, public engagement, and priorities for sector innovation and collaboration

September 2021


Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF


When it happened…


Monday, 23 August 2021


What delegates came to discuss…


This conference was an opportunity to examine the Government’s Valuing Culture and Heritage Capital initiative - and its potentially significant implications for the UK arts sector, cultural institutions, education, local authorities, and the public.


The discussion drew on findings in the Valuing Culture and Heritage Capital: A Framework Towards Informing Decision Making report, launched to kick-start the development of a framework that will enable a formal approach to the valuation of culture and heritage assets, and to support an evidence-based approach to future decision making.


We were pleased to include a pre-recorded contribution from Lord Mendoza, Commissioner for Cultural Recovery and Renewal and Provost of Oriel College, Oxford University.


There was also live keynote sessions with two of the authors of the Valuing Culture and Heritage Capital report, Harman Sagger, Head Economist for Arts, Heritage and Tourism and Lead, Culture and Heritage Capital Programme, DCMS and Jack Philips, Economic Advisor and Lead, Culture and Heritage Capital Programme, DCMS.


A further keynote speaker was Alan Law, Deputy Chief Executive, Natural England, on what can be learned for valuing culture from the approach taken to measuring the economic value of natural capital when determining policy on ecosystem protection.


The agenda brought out latest thinking on:


  • practicalities, processes, and outcomes - measuring culture and heritage value across a diverse sector, the role in decisions on spending and wider policy, and how to evaluate outcomes
  • priorities and impact - strategies for building stakeholder and public engagement, promoting inclusion and accessibility, and driving local economic growth
  • best practice - learning from the use of studies in other sectors, such as the recent Dasgupta Economics of Biodiversity Review, as well as from the processes of informing policy and budget decisions
  • the tools for decision-making - developing the research base behind the UK’s creative economy, strategies for collaboration, priorities for support, and what is needed from innovation in technology

Who attended…


Officials from BEIS; the Cabinet Office; the Climate Change Committee; DAERA, NI; Defra; the Department for Digital, Culture, Media and Sport; the Department for Communities, NI; the Department for Education; the Department of Housing Local Government & Heritage, ROI; the Department for International Trade; HM Revenue & Customs; the Intellectual Property Office; and the Welsh Government.


Representatives from Bangor University; Colley Associates; Contemporary Visual Art Network; CS Media; DACS; GeoConservationUK; Heritage Crafts Association; Manchester Museum; Maokwo; Minesoft; Morris Hargreaves McIntyre; National Museums Liverpool; National Portrait Gallery; Natural England; Newcastle University; Oxfordshire County Council; Royal Armouries; Scottish Catholic Heritage Collections Trust; Sporting Heritage; The Campaign to Protect Rural England Wiltshire; They Eat Culture; Thinking Schools Academy Trust; University Archaeology UK; University College London; University of Bristol; University of Chester; University of Hull; University of Limerick; University of Malta; University of Plymouth; University of Surrey; Warwick Economics & Development; and Wicked Fish.


Press: The Sunday Times.



This pack includes

  • Dropbox video recording of the conference
  • PDF transcript of the discussion, including all speaker remarks and Q&A
  • PDFs of speakers' slide material (subject to permission)
  • PDFs of the delegate pack, including speaker biographies and attendee list
  • PDFs of delegate articles