More than a dozen MPs and over 100 event industry executives have signed a letter to the chancellor of the exchequer Rishi Sunak, copying in prime minister Boris Johnson, calling for him to implement a Government-backed insurance scheme for festival, live music and events or face them disappearing from our fields and cities for good.
The letter, written by DCMS Committee chair Julian Knight MP, follows the 5 January opening hearing of the Committee’s inquiry into the future of UK music festivals, during which festival operators emphasised the urgent need for Government support.
At a crucial point in festival planning schedules, MPs warn that organisers and investors are unable to risk repeating losses sustained in 2020 unless events can be insured against cancellation.