Published: 18th Jun 2020

Exeter City Council has secured a landmark ruling over the rateable valuation of the city’s Grade II listed Royal Albert Memorial Museum & Art Gallery (RAMM). The Court of Appeal ruled that the rateable value of the museum should drop from £445,000 to just £1. According to the council, the decision will have a significant impact on the way many English and Welsh museums are valued in the future, especially those in similar listed buildings with high operating costs. Due to the importance to the sector, it was supported in its appeal by Arts Council, England (ACE) and the National Museum Directors Council (NMDC). ‘We are relieved by the outcome which is good news for RAMM but also the sector as a whole,’ said the council’s cabinet member for climate and culture, Cllr Rachel Sutton. ‘Like all other local authorities, Exeter is facing huge financial challenges and the new rateable … (To read the full article, subscribe below)