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LONDON'S declining place in the international art market suffered a fresh blow yesterday when the Lefevre Gallery, which for more than a century championed and dealt in Impressionist and modern art, announced that it was to close after Easter.

Martin Summers, managing director and partner in Alex Reid and Lefevre, which has run the gallery since 1926, said: "Fewer and fewer people have been coming to London to buy the kind of art we specialise in due both to the pre-eminence of New York and to the effect new EU taxes are having on the British market.

Read more here...............

http://www.telegraph.co.uk/news/uknews/1381188/London-out-of-the-pi...

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