Priceless tapestry valued at £800,000,000 by Treasury

The priceless Bayeux Tapestry artefact has been valued at £800,000,000 (Picture: AFP)

British taxpayers will soon pay for the responsibility for damage to the Bayeux Tapestry – £800,000,000, to be specific – while the priceless piece is on loan to the British Museum.

The artefact, depicting the Norman conquest, has been valued at more than twice the price of the most expensive artwork ever sold at auction.

The indemnity is designed to cover the cost of any damage or loss during the tapestry’s transfer from Normandy...