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With fairs cancelled and galleries shuttered over the past year, London’s art market has been a shadow of its former self. Will the city see high footfall again, or are virtual viewings and diminished sales here to stay? Below art dealers Stephen Ongpin and Thomas Dane and François Chantala reflect on what’s to come.
Stephen Ongpin
The art market in London is a many-splendoured thing. I know this from my own experience of it, both as a gallerist specialising in Old Master, 19th-century and modern drawings for more than 30 years, and as chairman of London Art Week (LAW), a dealer-led event which features many of the capital’s leading galleries and auction houses, and highlights the very best of what the city can offer in the world of pre-contemporary art. Although it may come as a surprise to the national press, who seem to regard the ‘art market’ as being solely about contemporary art, London supports a thriving ecosystem of gallerie
Regular and very long lorry queues at the port of Dover are inevitable in the next few months, as drivers will have to deal with new paperwork when transporting works to Europe Justin Tallis/AFP via Getty Images
Red tape and border congestion are among the biggest worries for the art trade as the UK’s Brexit transition period comes to an end, according to a straw poll conducted by
The Art Newspaper this month. UK Prime Minister Boris Johnson and the European Commission president Ursula von der Leyen announced 24 December that a trade deal had been agreed days before the transition ends on 31 December.
18 December 2020
Rosemary is a Non-Executive Director of HSBC UK PLC and YouGov PLC, an international online Market Research and Data Analytics company and currently advises and invests in a number of technology businesses in Europe and North America including Data Analytics, IOT, Internet Infrastructure and Fin Tech. She is a Fellow at Harvard University’s Berkman Center for Internet & Society most recently leading an Exec Education Course for Board Chairs and NED’s on Cybersecurity.
She is a Founding Director of the World Wide Web Foundation and has been the Chair of the World Economic Forum Global Agenda Council on the Future of Internet Security. Rosemary is an Advisor to Motive Partners a US/UK Fintech PE Fund and Glasswing Ventures, a VC focusing on AI for consumer and enterprise and a Member of Rasbperry Pi Foundation (overseeing commercial operations of Raspberry Pi). She is an Advisor to a number of Academic Institutions in the UK and Canada and is a regular attendee