Unit 3 Lecture – Impact of Brexit on the Cultural sector in the UK and the Rise of Nationalism in the EU

Context: EU was set up in order to better negotiate with the world on trading and other conditions. Live better in peace, prosperity, more connected and collaborative. Referendum in the UK on 23 June to ask the populous if they want to remain in the EU or leave.

Actual process of leaving the EU begin on 29 March 2017 when Article 50 of the Lison treaty was triggered – from that moment it will take 2 years in which the UK has to finish the process of leaving the EU.

Timeline tracker

What about the Art Market: Jenny Saville, Shift was sold at Sotheby’s 29 June 2016 estimated 1.5-2 million pound, sold at 6.81 million pound. Bidding war between Larry Gagosian and anonymous phone bidder -Bought by Wang Wei and liu Yiqian for the long museum in shanghai for “she” exhibition starting end July 2016.

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