This month I am reporting on the first public speech by the new culture secretary, Jeremy Hunt. The arts face inevitable cuts – but Mr Hunt has promised to offset them with more lottery money and a major drive to increase philanthropic giving.

Mr Hunt said he intends to place an order before Parliament in September that could see arts, heritage and sport each receiving an extra £50 million per year.

Under the order, the share of money going to each of the arts, heritage and sport good causes will increase to 20% and the Big Lottery Fund will receive the remaining 40%.

For my full report click here: AIR Podcast May 2010