90,000 jobs to be lost in weeks: Events industry says London’s wage subsidy scheme is ‘of little use’

The UK events

The UK events sector has warned the government of the “existential threat” it is facing, claiming 90,000 redundancies will follow unless the industry receives tailored support.

In an open letter to Boris Johnson and Rishi Sunak on Thursday, the Events Industry Alliance (EIA), an umbrella group for trade bodies, asserted that the industry would face mammoth job losses when the government’s furlough scheme finishes at the end of October. The letter has been signed by 334 companies across the events and exhibitions supply chain, as well as the Labour Party. The EIA calls for a tailored “events industry hibernation support package,” claiming that the chancellor’s new wage subsidy scheme is not applicable to businesses that are unable to operate.

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