Bourdieusian capital conversion during crises of socio-political legitimacy: Sponsorship of the arts by Barclays Bank, 1972 to 1987

Figures & data

Table 2. Barclays’ profits before tax, 1972–1987 (£millions) (Barclays, 1974–1987).

Year	Profit before tax
1971	90.8
1972	109.6
1973	173
1974	158.1
1975	137.5
1976	197.9
1977	267.6
1978	373.3
1979	529.4
1980	523.5
1981	566.6
1982	495.2
1983	557
1984	655
1985	854
1986	895
1987	339

Table 1. Barclays’ sponsorship spending 1980–1986 (£000 s) (Barclays, 1981b; 1984a, Barclays, 1987; Moon, 1981).

Type	1980 spend	1981 spend	1982 spend	1983 spend	1984 spend	1985 spend	1986 Spend
Arts patronage	135	118	180.75	120.5	106	219	191.5
Arts donations	121	54	–	15	25	5	0
Other patronage	15	30	26.25	29.75	45.75	42	61.5
Commercial sponsorships	43	56	63	135.25	144.5	126.75	132.5
Advertising	32	8	18	5	5	–	–
Barclaycard	–	6	–	10	–	–	–
Total	346	272	288	315.5	326.75	392.75	385.5

Note: These figures exclude spending by Local Head Offices (LHO) and Regional General Managers (RGM) as these figures were not always available; and excludes spending by Barclays Bank International (BBI) for the sake of consistency as its budget was administered seperately until 1985. Figures for the 1982 spend are from commitments as of November 1981 (Barclays, 1981b).

Figure 1. Barclays’ pre-tax profits and sponsorship spending excluding LHOs, RGMs, and BBI.

Barclays. (1974–1987). Annual Reports.

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Barclays. (1981b). Barclays Bank Group Board - Sponsorship. Barclays Group Archives.

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Barclays. (1984a). Barclays Bank UK Board. Barclays Group Archives.

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Barclays. (1987). Sponsorship Committee. Barclays Group Archives.

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Moon, D. (1981). Sponsorship; A suggested Policy for Barclays UK. Barclays Group Archives.

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