£50 for Tate Modern

A £50 million Government investment to transform Tate Modern has been announced by Culture Secretary James Purnell. It will create a spectacular new building, increasing the gallery’s size by 60 per cent and allowing it to display far more of its permanent collection. The funding is from DCMS’s Comprehensive Spending Review Settlement. The new Gallery is expected to lead to an extra million visitors a year to Tate Modern, already the most popular museum of modern art in the world.