Global EditionEnglish
Thu, 12 Nov, 2026Updated 10:45 am IST
Breaking
Business

Banksy Statue Costs £60k

Westminster City Council considers all options for the future of Blinded by the Flag statue in central London, after spending almost £60,000 on safety measures

Banksy Statue Costs £60k
Photo: LYDIA and her SALAD DAYS / wikimedia (BY-SA)

Westminster City Council is considering all options for the future of Banksy's Blinded by the Flag statue in central London. The council has spent almost £60,000 on safety barriers, administration, and security for the statue since its installation on April 29.

The statue, located at Waterloo Place, near the statue of Florence Nightingale and Crimean War Memorial, has been the subject of discussions about its future. Although discussions were held in the summer, no decision was made, and the council will discuss the statue's future at an upcoming cabinet meeting.

Banksy owns the copyright to the statue, but the council is responsible for the cost of keeping it safe. The council has described itself as the statue's custodian and has been in contact with the street artist's team.

The statue's plinth has been defaced with a spray-painted tag, but the artwork itself remains largely undisturbed. Critics have interpreted the statue as a commentary on the consequences of blind allegiance to symbols.

## What happens next The council's upcoming cabinet meeting will determine the future of the statue. The council has not stated what options are being considered, but it is clear that the statue's future is uncertain.

The decision will have implications for the statue's preservation and the cost to the council. As the custodian of the statue, the council must balance the need to keep the statue safe with the cost of doing so.

## Why it matters The fate of the Blinded by the Flag statue is not just a local issue, but also a matter of interest for art lovers and fans of Banksy's work. The statue's commentary on blind allegiance to symbols has sparked debate and discussion, and its preservation is important for the cultural and artistic heritage of central London.

The council's decision will also have implications for the management of public art in the city. As the custodian of the statue, the council must navigate the complex issues surrounding the preservation and display of public art, including the cost, safety, and cultural significance of the artwork.

Sources

#all#banksy#considered#flag#options#statue#business
Send a tip