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March 1, 2021
Some of the UK’s most legendary performers are among those calling on the UK Government to commit to underwrite cancellation costs of events such as music festivals and tours, to enable the restart of the live entertainment sector from this summer. Alongside industry experts and trade associations, Jools Holland, Depeche Mode, Johnny Marr, Sir Cliff Richard, Robert Plant, Roger Daltrey, Amy McDonald, The Chemical Brothers, Frank Turner and Judas Priest have all added their name to the chorus of voices calling for a government-backed scheme.
The news comes as results from a new YouGov survey show that half of the UK population want to go to a live event this summer, while 75% believe live events are critical to British culture. Whilst recent news of mass ticket purchasing following the roadmap announcement is positive, it is even more critical for a government-backed insurance scheme to be in place to safeguard the industry.
On Tuesday morning, education officials met with U.S. Congressman Gregorio Kilili Camacho Sablan at his office to thank him for his hard work and dedication in securing badly needed federal
Operator
Greetings and welcome to the ArcBest s Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to David Humphrey, Vice President of Investor Relations. Please go ahead.
David Humphrey
Vice President of Investor Relations
Welcome to the ArcBest fourth quarter 2020 earnings conference call. Our presentation this morning will be done by Judy McReynolds, Chairman, President and Chief Executive Officer of ArcBest; David Cobb, Chief Financial Officer of ArcBest. We thank you for joining us today. In order to help you better understand ArcBest and its results, some forward-looking statements could be made during this call. As we all know, forward-looking statements by their very nature are subject to uncertainties and risk. For more complete discussion of factors that could affect the company s future results, please refer to the forward-looking statement section of the company s earnings press release and the compan
By Reuters 2021-01-28T15:38:00+00:00
Insurers are facing a $2-3 billion loss if the Tokyo Olympics are cancelled this year, amounting to the largest ever claim in the global event cancellation market, brokers say.
With less than six months until the Games are due to start, the competition will top the agenda when the International Olympic Committee’s (IOC) executive board meets this week.
The Olympic body, which will meet remotely, finds itself in a similar situation to March last year, when it postponed the Games by 12 months as the COVID-19 pandemic shut down sport worldwide.
Much of Japan is now under a state of emergency due to a third wave of COVID-19 infections.