November 26, 2022
1 min read

$1.5m sculpture for Sunak’s garden amid financial crunch

The 1980 sculpture bought by the taxpayer-funded Government Art Collection is believed to have been sold at a Christie’s auction last month for just over 1.3 million pounds.

 As millions feel a financial crunch in the UK, the government has splurged 1.3 million pounds (US$1.5 m) on a sculpture for Prime Minister Rishi Sunak’s garden.

The bronze sculpture by Henry Moore, titled Working Model for Seated Woman, has been sent to 10 Downing Street amid burgeoning cost of living crisis in the UK, The Sun reported.

The 1980 sculpture bought by the taxpayer-funded Government Art Collection is believed to have been sold at a Christie’s auction last month for just over 1.3 million pounds.

According to the Christie’s website, the piece of art “conveys a strong sense of maternity and pregnancy — from the gentle watchfulness of the woman’s face and her guarded posture to the protective nature of her arms and the architectural shelter she offers between her lap and shoulders to this, semi-abstract, embryonic and Jean Arp-like form”.

Downing Street said no politicians were involved in the decision to buy, The Sun reported.

With inflation hitting a 41-year high of 11.1 per cent in October, Britons have been cutting back on their spending.

According to a GlobalData for VoucherCodes research, Britons will spend 8.7 billion pounds ($10.5 billion) over the Black Friday weekend (November 25 – November 28).

A new MetLife UK research said 48 per cent of the people are worried about missing their mortgage repayments due to the soaring cost of living crisis.

The study further revealed that 42 per cent have no savings to fall back on if they found themselves unable to pay their mortgage.

Sunak and his wife Akshata Murty were recently ranked 17th on the UK’s ‘Asian Rich List 2022’, with an estimated wealth of 790 million pounds.

ALSO READ: Indians get top share of UK ‘worker’ visas

Previous Story

Indians get top share of UK ‘worker’ visas

Next Story

Delay in Reforms Push Islamabad into Default

Latest from -Top News

MIND Diet Shows Short-Term Gains for Cognition

The study enrolled 604 participants who were overweight, had a suboptimal diet, and a family history of Alzheimer’s disease The MIND diet, known for its emphasis on brain-healthy foods like whole grains,

Indian-American Takes Office as Head of NIH

Born in Kolkata, India, Dr. Bhattacharya earned both his BA and MA degrees in economics from Stanford University, followed by a doctorate in medicine and a PhD in economics from the same
Go toTop

Don't Miss

‘365% spike in reports of Islamophobia since Oct 2023’

Many of the Islamophobic incidents have involved people being targeted

PM vows ‘long overdue’ revamp of UK’s post-Brexit economy

Shrugging off panic-buying at petrol stations, bare supermarket shelves and