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In the current economic climate, this is a good settlement for DCMS鈥檚 sectors,鈥� said ,聽Secretary of State for Culture Olympics, Media聽and Sport.

鈥淲e will deliver a safe and successful Olympics in 2012 when the eyes of the whole world will be upon us.聽And by cutting bureaucracy and waste and prioritising the services valued by the public we will be able to protect our sporting and cultural core for the long term.鈥�

The 25% reduction overall reflects a 24% reduction in resource spending and 32% reduction in our capital budget.The spending reductions will run over the course of the period, which covers the four years from 2011/12 to 2014/15.

Our priorities

奥别听补谤别:

• ensuring the long sustainability of our key sporting and cultural assets by limiting cuts to museums, frontline arts organisation and whole sport plans to 15%
• providing resources for the frontline services that the public value cutting back on administration and waste
• contributing to economic growth by securing investment of 拢530 million to boost the UK鈥檚 broadband infrastructure
• retaining free entry for everyone to our national museums and galleries

We have also changed the distribution of Lottery good cause money, boosting income by 聽after 2012.

Significant savings to other areas of spend聽have also been announced today, including overall budget reductions to Sport England (33%), UK Sport (28%), English Heritage (32%), Visit Britain (34%) and Arts Council England (29%).

We are also .

Television licence fee

The government has agreed with the BBC that the TV licence fee will be frozen until 2016-17 and will fund BBC World Service, BBC Monitoring, and S4C saving the Exchequer 拢340 million from 2014-15.

Further information

• Read the full聽 (External PDF)
• on the DCMS settlement