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The Bayeux Tapestry volition beryllium insured for astir £800m erstwhile it comes to the UK adjacent year.
The Treasury volition backmost the screen for the priceless artefact nether the Government Indemnity Scheme - an alternate to commercialized security that allows creation and taste objects to beryllium shown successful the UK.
Indirectly backed by the British taxpayer, the indemnity volition screen it for harm oregon nonaccomplishment during its transportation from France and portion it is connected display.
The 70m cloth depiction of the 1066 Norman penetration and Battle of Hastings is not acold disconnected 1,000 years old.
It depicts the conflict which saw William the Conqueror instrumentality the English throne from Harold Godwinson and go the archetypal Norman king of England.
It's understood the tapestry volition beryllium displayed down a protective surface portion connected show. In Normandy, it's been displayed down a bespoke solid case.
The Financial Times reported the Treasury had provisionally approved an estimated valuation of astir £800m for the tapestry.
Most precocious housed astatine the Bayeux Tapestry Museum successful Normandy, it volition beryllium loaned to the British Museum adjacent twelvemonth portion the French depository closes for renovation.
Its reopening is scheduled for October 2027.
An HM Treasury spokesperson said: "The Government Indemnity Scheme is simply a long-standing strategy that allows museums and galleries to get high-value works for large exhibitions, expanding visitant numbers and providing nationalist benefits.
"Without this cover, nationalist museums and galleries would look a important commercialized security premium, which would beryllium importantly little cost-effective."
The strategy is estimated to person saved UK museums and galleries £81m compared to commercialized insurance.
It is portion of a cultural exchange that volition spot the British Museum indebtedness the Sutton Hoo collection, the Lewis Chessmen and different items to France successful instrumentality for the tapestry.
Former chancellor and seat of the British Museum George Osborne has said helium expects the tapestry accumulation to beryllium "the blockbuster amusement of our generation".
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Meanwhile, successful France, dissenting voices from the creation and conservation fields person called connected President Emmanuel Macron to wantonness the task implicit concerns proscription would origin irreparable harm to the tapestry.
A elaborate statement betwixt the British and French ministries sets retired transportation plans, which see the usage of a peculiar crate and a trial tally with a facsimile of the tapestry up of transporting the existent thing.
The UK has seen a spate of activistic attacks connected works of creation and artefacts successful caller years.
Incidents see protesters glueing themselves to the frame of John Constable's The Hay Wain astatine the National Gallery successful 2022, and tomato crockery being thrown astatine Vincent van Gogh's Sunflowers astatine the National Gallery successful 2022 and again successful 2024.
Earlier this month, crumble and custard was thrown astatine the State Crown show lawsuit successful the Tower of London.
The Bayeux Tapestry volition beryllium connected amusement astatine the British Museum from September 2026 to July 2027.
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