The UK has launched an insurance scheme to cover music festivals and other live events as the beleaguered sector seeks protection after months of mass cancellations
The scheme, worth £750-million and announced by the country's finance ministry late Thursday, follows pressure from organisers and venues for the government to provide a cushion from Covid uncertainty.
The announcement comes as the government launches an advertising campaign warning under-30s they will miss out on going to nightclubs if they are not vaccinated. "As the economy reopens I want to do everything I can to help events providers and small businesses plan with confidence right through to next year," he added.
"This new government scheme is therefore incredibly welcome news –- not just for the millions of music fans who have been looking forward to the return of live events, but also for the tens of thousands of musicians, crew members," he added.
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