After the U.S., the UK is the world's second-biggest market for art and antiques. But Brexit and the pandemic were major blows to sales in Britain last year, which slumped by 22 percent to $9.9 billion – the lowest level in a decade.

Sector faces ‘logistical minefield’ of customs declarations and VAT codes as stores and markets prepare to reopen.

Paris will soon replace London as the art capital of Europe, warns art fair founder.