A Westminster Hall debate will be held on 23 March 2021 on 'Government-backed insurance for live events'
- the UK music industry contributed £5.2 billion to the UK economy in 2018;
- the Live Music sector made a contribution of £1.1 billion in 2018 – up 10% from £991 million in 2017;
- employment in the industry was an all-time high of 190,935 in 2018;
- the total export revenue of the music industry was £2.7 billion in 2018;
- music tourism contributed £4.5 billion to the UK economy in 2018 – up 12% from £4 billion in 2017;
- overseas visitors to UK shows and festivals increased by 10% from 810,000 in 2017 to 888,000 in 2018.
The Digital, Culture, Media and Sport Committee’s March 2019 report (HC 733) on live music found that it made a “significant contribution to the UK’s economy and cultural life”. However, the report raised concerns about the sustainability of the industry and the uneven distribution of its benefits both around the country and among those who work in it. The report also looked at:
- music venue closures;
- ticket touting;
- the impact of Brexit on the ability of UK acts to tour Europe and on European musicians coming to work in the UK;
- the impact of the Live Music 2012.
- Digital, Culture, Media and Sport Committee, Changing Lives: the social impact of participation in culture and sport (HC 734, May 2019) – includes references to the role of music. The Government responded (HC 2597) in September 2019.
This briefing has been produced ahead of the debate to be held in Westminster Hall on Monday 15 March 2021 at 4.30 pm on e-petition 569957 (Covid-19 vaccine passports).
A debate on the spending of the Department for Digital, Culture, Media and Sport and support for DCMS sectors during the Covid-19 recovery has been scheduled for Wednesday 10 March 2021 in the main House of Commons Chamber. The debate was selected by the Backbench Business Committee and will be led Julian Knight MP.