Events Industry: Coronavirus

(asked on 23rd 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, what recent discussions he has had with the Chancellor of the Exchequer on the financial situation of companies in the live events industry supply chain due to the covid-19 outbreak; and if he will make a statement.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 28th June 2021

DCMS continues to work closely with other government departments, academic institutions and stakeholders to review evidence on the impact of ongoing restrictions within the live events industries.

Most of the financial support schemes do not end until September or after, in order to provide continuity and certainty for businesses.

Throughout this pandemic there has been over £400 billion of economic support, one of the most generous and comprehensive packages in the world.

Although there is no current plan to make a statement on financial situations of individual sectors/settings, our engagements have helped us to understand both the nature and scale of the impact that this particular industry has faced.

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