Events Industry: Coronavirus

(asked on 15th June 2021) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to the Government's announcement of 14 June 2021 not to move ahead with Step 4 of the Government's roadmap for the easing of covid-19 restrictions from 21 June 2021, whether his Department has made an estimate of the value of business that will be lost by the events sector as a result of continued limits on capacity for that sector.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 23rd June 2021

We recognise the challenging times currently facing all sectors, and continue to support in line with the prime minister's roadmap to the full reopening of the economy. Events sectors experienced a 50-60% drop in GVA in Spring 2020, relative to 25% in other sectors. The Department has been working closely with stakeholders across the events sector throughout the pandemic to understand both the nature and scale of the impact that this sector has faced.

Since 17 May, events have been able to reopen subject to capacity caps which vary depending on whether the event is indoors or outdoors. The Government has also launched the Events Research Programme which is looking at how best to mitigate transmission risks across a number of event settings.

We are committed to helping the events sector reopen fully, and while we know that the loss of some business that may occur as a result of the delay to step 4, public health must remain the top priority. The roadmap sets out a cautious and gradual approach, led by data, not dates.

Throughout the pandemic, businesses have had access to an unprecedented £350 billion package of support including cash grants, government-backed loans, the extended furlough scheme and £5 billion for new Restart Grants.

To ensure that people and businesses have time to plan as the economy reopens in line with the easing of restrictions, schemes such as the Coronavirus Job Retention Scheme (CJRS) and Self-Employed Income Support Scheme (SEISS) will continue until September 2021. Support for businesses through grants and loans, business rates and VAT relief is also still available.

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