Events Industry: Coronavirus

(asked on 6th October 2020) - 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 assessment his Department has made of the effectiveness of the steps he is taking to support the events industry during the covid-19 outbreak.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 14th October 2020

We are aware that the events and exhibition industry, as well as other sectors, have been severely impacted by Government measures to control the spread of Covid-19.

My department continues to closely assess the impact on all aspects of the events industry, including employment. We are also in regular contact with Her Majesty’s Treasury to closely assess the effectiveness of COVID-related support measures for the events industry.

Businesses can continue to access the Government’s UK wide support package. This includes the Bounce Back Loans scheme, the Self-Employed Income Support Scheme and the Coronavirus Job Retention Scheme.

As the Chancellor announced on 24 September, we are also offering affected businesses generous terms for the repayment of deferred taxes and government-backed loans, as well as extending the application window of the government-backed loan schemes.

We continue to engage with stakeholders, including through the Visitor Economy Working Group and the Events Industry Senior Leaders Advisory Panel, to monitor the situation facing companies across the UK.

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