An energetic London gallery scene has emerged with younger, experimental galleries drawing crowds and renewed activity reminiscent of the 1990s. Post-Brexit economic weakness and tax reforms pose challenges, but local resilience and institutional buying support continued sales. Thomas Dane Gallery sold Michael Landy's Multi-Saint (2013) to the Arts Council Collection for around €125,000. Galleries report a shift from a speculative, urgency-driven market toward more considered buying, with high-quality work still commanding rising prices. First-day sales included Gareth Cadwallader's Egg (£85,000) and a Rebecca Manson porcelain wall sculpture ($85,000). Hauser & Wirth sold roughly 17 works at Frieze London and another 16 at Frieze Ma...
"People are coming to London, young galleries are springing up...someone was saying earlier that it feels a little bit like the 90s again."
"That's what London does-it grows back from the rubble every time, it's that Blitz spirit,"
"The difference for me is pre-sales-there would have been more in years gone by, there was more urgency."
"You can call that patience, or perhaps realism...for quality, prices are still going up."
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