Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of introducing a scheme similar to the Eat Out to Help Out scheme for concerts, festivals and other live events as covid-19 lockdown restrictions are eased.
The Government recognises the extreme disruption the necessary actions to combat Covid-19 are having on sectors like events and the live performance industry.
That is why the Chancellor has already announced unprecedented support for individuals and businesses, to protect against the current economic emergency. This includes a £1.57 billion support package for eligible cultural and heritage organisations (including the performing arts and live music venues) and a temporary reduction in VAT, designed to support businesses and jobs in the tourism and hospitality industry (including admission to shows, theatres, concerts, circuses and similar events).
During this difficult time the Treasury is working intensively with employers, delivery partners, industry groups and other government departments to understand the long-term effects of social distancing across all key areas of the economy.
We will continue to monitor the impact of government support on public services, businesses, individuals and sectors as we respond to this pandemic, and keep all policies under review.