There are four plinths in Trafalgar Square but one never had a statue erected on it as the money ran out! It was supposed to be a statue of King George 4th riding triumphantly on a horse. So for 150 years the plinth remained empty. In 1999 a 4th Plinth Project was set up and ever since then the plinth has seen a succession of modern art projects / installations.
The new commission Gift Horse by artist Hans Haacke, was unveiled on Thursday 5 March and replaces the Blue Cock which I have written about before – see here.
The London City Hall website comments “Hans Haacke’s Gift Horse depicts a skeletal, riderless horse – a wry comment on the equestrian statue of William IV originally planned for the plinth. Tied to the horse’s front leg is an electronic ribbon displaying live the ticker of the London Stock Exchange, completing the link between power, money and history. The horse is derived from an etching by George Stubbs; the famous English painter whose works are represented in the National Gallery at Trafalgar Square.”