RA flagship to revive cultural Mayfair

The new extensions to the Royal Academy of Arts will become a cultural flagship for the West End of London says Charles Saumarez Smith, the institution's Secretary and Chief Executive.

Speaking at our recent 'Art Investment and Cities' Forum, he commented that policy planners do not always take into account how competitive city culture can be. He gave examples of other European cities that are in a prime position to attract international businesses and families to relocate while being a competitive draw for the tourist who is interested in more than "hotels and the exchange rate".