Events Industry: Finance

(asked on 15th April 2021) - View Source

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

To ask the Secretary of State for Digital, Culture, Media and Sport, what financial support is available to events and exhibition businesses (a) currently and (b) between 15 April 2021 and the end of 2021.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 21st April 2021

The Government has extended a number of financial support schemes, which events businesses can continue to access well into 2021.

Events and exhibition businesses will continue to be able to apply for Government support during this period, including the Coronavirus Job Retention Scheme, which has been extended until September. Events businesses can apply for a variety of generous Government backed loan schemes, including the Recovery Loan scheme from 6 April. In addition, the discretionary Additional Restrictions Grant guidance for Local Authorities specifically refers to mobile businesses and suppliers in the events sector.

We continue to engage with stakeholders, including through the Tourism Industry Council and the Events Industry Senior Leaders Advisory Panel, to monitor the situation facing the sector.

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