UK industry calls for clarity, timetable for reopenings
To avert disaster, the UK live biz needs clear guidance on when events may return, as well as tax relief and continued financial support, says the UK Live Music Group
News By IQ | 8 May 2020
Nearly a billion pounds will be wiped off the value of the UK music industry without immediate government action to support the live sector, industry leaders have warned.
Thousands of jobs will be lost and the British music business – which formerly contributed £5.2bn a year to the UK economy – will suffer £900 million (€1bn) in losses from the impact of coronavirus without urgent state support, the UK Live Music Group has said.
The group, which sits within trade body UK Music…
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