Staff numbers have also been cut since its opening, with more funding coming into effect this Spring.

A leading Scottish museum has announced it will cut its number of exhibitions each year as part of a raft of “mitigation measures”. 

The Scotsman reports the V and A Museum in Dundee will stage just one major exhibit each year amid the impact of rising costs, the cost of living crisis, pay pressures and standstill funding over the last three years.

Staff numbers have also been cut since its opening, with the Design Dundee Ltd charity deploying its reserves and setting more ambitious fundraising targets to try and cope with the pressures. 

The number of full time staff has reduced from 113 in its first year of operation to a current total of 95.

The Scottish Government pledged £800,000 in its current budget, which will come into effect in the Spring, aimed at “sustaining” the museum. 

Running costs for the museum have risen to £7.8million in the most recent financial year, with reports of real terms cuts of around 12 per cent. 

Speaking in Holyrood, V&A director Leonie Bell said: “In effect, we are a bit like a start-up. It’s probably taken our first five years to really work out what our public subsidy model will be.

“We’ve begun to evidence a significant, catalytic economic, social and cultural impact.

"Our increase in budget gets us into the region of something that starts to demonstrate what our organisation warrants.

“We’ve gone through three years of really, really intense working and intense revision of our programme model, significantly reducing what we do in terms of major shows, at the same time as trying to make more money and actually having more of a free offer.

“We’ve started to establish what an organisation is able to achieve when it is funded at a level that gives it a fighting chance.”