British Council Considers Selling Half of Its 9,000-Work Collection to Pay Off £197 M. Debt
Crunch time: The British Council’s chief executive, Scott McDonald (C), has offered its collection to the government in exchange for writing off its almost £200-million loan. Getty Images The British Council, the UK’s international organization for cultural relations, is considering selling some of its impressive art collection to offset its £197 million debt. The organization …