Thursday, 20th May 2004 (4054 views)

Welsh consumers will be able to buy more local luxury goods such as finely crafted gold jewellery under a new loan scheme.

The New Collectorplan loan scheme will let more people buy art and crafts on interest-free credit as over £1 million a year will now be used to boost the plan.

Consumers will be able to obtain loans from between £50 to £2,000 to help buy items such as jewellery from participating Welsh venues.

The scheme is run by the Arts Council of Wales and its budget will be nearly doubled as a result of the new £500,000 loan it has obtained.

Culture Minister Alun Pugh told the Western Mail: "There are hundreds of artists working and displaying in Wales, producing everything from ironwork and wood sculptures to finely-crafted gold jewellery."

It is hoped the scheme will help art and craft producers in the area.

 

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