LIVE calls on Government to keep its promise on insurance
LIVE is calling on the UK Government to keep the promise it has made on delivering a COVID insurance scheme, and ensure live music is able to bounce back to its former glory.
Due to the pandemic, 56% of major music events were forced to cancel for a second year running because the risk of running an uninsured event in the face of changing COVID restrictions is too high.
Too much uncertainty remains for most event organisers to go through with their plans for summer, with high-profile cancellations including Womad, Glastonbury and Belladrum Festival.
The Government has said on numerous occasions that it would address the market failure in COVID cancellation insurance once the country moved to Step 4. As a result of this inaction, there is a risk that the UK’s £4.6 billion live music industry will fall behind its European competitors.
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