“Arts Council England has today unveiled the ten-year strategy that will inform a complete overhaul of the organisations it funds in early 2011, leading to as many as 100 companies being cut.

ACE chair Liz Forgan described the changes as “the biggest transformation of arts funding for a generation”. Meanwhile, ACE chief executive Alan Davey said that the new process would be “unbureaucratic” and would move away from criticisms of the old system, which he said some had viewed as “mysterious” and a “closed shop”, continually funding the same companies.”