This thread starts with a quote from the 'Indy' re Arts Council funding for Latin American Arts.

This exact topic was put as a question on Prime Minister's Questions this week. The pm's answer was that he was "sure there was room for both" - meaning Latin American and English Traditional arts - but said nothing about funding - and as usual ,it was treated as trivial - which it probably is!

I agree with comments above, generally, that 'folk' is better to grow and spread organically, and not be artificially funded into something it isn't.