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Festival Insights NEWS: Industry Underwhelmed as Budget Fails to Impress

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Missed opportunities and failure. This week’s Chancellor.

After a brief period of cork-popping for those looking to pop more than £40k per in pension pots at imminent risk of bursting through the £1m lifetime allowance (no, me neither), the live entertainment business carried out a thorough but ultimately fruitless search for moves that support our journey from  miraculous survival to re-established pillar of our cultural economy. Still, at least he didn’t take anything away…just.

The mood was expertly encapsulated by LIVE CEO, John Collins:

“In today’s Budget, the Government has missed a golden chance to support the hardest hit in our sector, as well as turbocharging the whole industry to programme more gigs, shows and festivals up and down the country. This would deliver millions into local economies and support the Chancellor’s ambition for the UK to be a dynamic enterprise economy.


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