Festival promoters count the cost of Brexit [updated]
As analysts suggest the pound and dollar could hit parity by 2017, IQ asks festival bosses if the collapse of Britain's currency spells trouble for the European business
News By | 30 June 2016
For many British festival promoters, the vote by the UK to leave the European Union last Thursday was an unwelcome shock as they finalise preparations for the busy summer ahead.
The most immediate effect of Britain’s vote for an EU exit, or Brexit (aside from forcing the resignation of the prime minister, a vote of no confidence in the leader of the opposition and four million people to sign a petition calling for a second referendum, that is), was to send…
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