Bad news for galleries in the English regions. The Purchase Grant Fund (PGF) is to be cut by a third. This is the public fund that makes regional purchases of outstanding works, for regional collections at museums and galleries. After the cut it’ll be worth £600,000. That’s nationally, not per museum. “Local financial commitment is required”, in the form of 50% match-funding — which may be more difficult to find as councils cut their local arts funding.