V22 PLC. Artist studios, ex-libraries, tax avoidance:Transnational Artwashing

V22 PLC. Artist studios, ex-libraries, tax avoidance:Transnational Artwashing

I’ve written about the complex artwashing activities of Isle of Man registered V22 PLC and its “group” of associated companies before, first here, then an interlude, then a second piece here.  This blog post seeks to reveal some of the interrelated layers of complexity involved in the artwashing of London’s art studios, regeneration areas, communities, ex-libraries and public buildings.  It presents information and research.  It does not claim that anything illegal is happening.  It does, however, reveal links and interests way beyond the art world and, for that matter, London.  This is, for me, is perhaps the most intricate form of artwashing I’ve encountered.  There are links to alleged tax avoidance, scandals and corporate vested interests.  Nothing illegal but perhaps, I suggest, unethical.  This is transnational artwashing.  All of the information presented here is publicly available.  There is more to come…

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Artwashing London #2: Art's complex web of financial investments - an ethical dilemma

Artwashing London #2: Art's complex web of financial investments - an ethical dilemma

The first post in this series, Artwashing London, explored V22 and its alter-ego V220 in a little detail, linking its group of companies to its headquarters in the Isle of Man.  It asked why would an arts organisation apparently interested in social impact want to register its activities in a tax haven?

This second post looks in more detail at some more of V22’s connections and compares its stated aims to its other directly or indirectly linked corporate interests.  This is a trail from London to the Isle of Man to Africa and back again.  I do not suggest that anything illegal has happened but there are several ethical questions that, in my opinion, should be answered.

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Artwashing London – ‘Artist-led’ Studios, Library Takeovers, GLA Cultural Advisors, Property Developers & Offshore Tax Havens

Artwashing London – ‘Artist-led’ Studios, Library Takeovers, GLA Cultural Advisors, Property Developers & Offshore Tax Havens

London is awash with ‘artist-led’ initiatives that use ‘meanwhile’ spaces as temporary galleries, studios and all the usual stuff.  There are many bigger companies doing this too.  Nothing new here.  Sometimes, like in the case of Bow Arts and Balfron Tower, for example, they are rightly called out for artwashing.  There are many more cases of artwashing now than ever before.  More and more people are getting interested in its cynical misrepresentation of arts and culture as a ‘community good’ when really art is used as a front for big businesses, national and local government ‘regeneration’, property investors and a whole host of other people wanting to make a profit from, what is for many people, social cleansing.  Even artists are getting in on the artwashing act.

But why would any arts organisation want to set up its primary base in a tax haven -  particularly one who claim to be all about supporting local people and local economies?  And, why would Arts Council England and the Mayor of London (amongst others) be happy giving funds to a company that’s ultimately based in the Isle of Man?

This is the tale of one such case – V22, an ‘artists-led’ and, indeed, ‘artists owned’ arts organisation with a few different incarnations.  It’s a bit complex, but that seems to be how they like it.  It is one part of a mammoth case of interrelated artwashing that’s going on in London right now.

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