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England may be through to the Euro finals, but Sotheby's Old Master paintings sale scores an own goal


Turner s Purfleet and the Essex Shore as seen from Long Reach
Courtesy of Sotheby s
Maybe everyone was distracted by the imminent prospect of England defeating Denmark in the UEFA Euro Football Championship semi-finals at Wembley stadium tonight.
But, over on Bond Street, not even auctioneer Harry Dalmeny s (fairly painful) sporting puns could jolly along Sotheby s Old Master evening sale this evening. It was hard not to feel sorry for Dalmeny, who appeared increasingly uncomfortable as he knocked down unsold lot after unsold lot 21 of the 49 lots failed to sell, that s a sell-through rate of 51.7%.
Perhaps that was partly because the sale lacked the scaffolding of guarantees unusually for an auction nowadays, there were none. ....

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Bank of England wades into UK's escalating culture war on controversial monuments, saying it will remove images of slave owners


The Bank of England in London issued a public apology about the slave-owning history of some of its former governors last year
The Bank of England, the London-based central bank of the UK, is moving ahead with a review of its collection of images of former governors with links to slavery, it has told
The Art Newspaper. The revelation comes amidst a growing culture war in the UK around controversial historic monuments.
Last summer, the Bank launched a “thorough review… to ensure none with any such involvement in the slave trade remain on display anywhere in the bank”, said a statement. “As an institution, the Bank of England was never itself directly involved in the slave trade, but is aware of some inexcusable connections involving former governors and directors and apologises for them,” the statement added. ....

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