Galleries have closed and auction sales are down as Brexit boosts European events such as Art Basel Paris
Frieze art fair’s big tent in Regent’s Park should at least keep attendees dry as the art world descends on London this week for the annual event, which takes place during one of the wettest autumns on record. But outside the marquee, London’s art world is facing severe headwinds.
Ahead of the 21st edition of the fair, which has now expanded to four cities around the world and brings week-long celebrations as well as sales, there has been a sense of doom and gloom about the state of the capital’s art market over the last 12 months.
