UK music events are returning in force to the UK following the UK government's announcement of a £750 million government-backed insurance scheme to help the live music industry and events sector.
The move follows a campaign by UK Music, the industry body, led by its Chief Executive Jamie Njoku-Goodwin, for government ministers for months to introduce such a scheme to support the Covid-hit sector.
Many organisers of festivals, concerts and gigs had been unable to plan events with confidence because they could not secure insurance to protect them from the possible reintroduction of Covid restrictions that would force cancellations.
The scheme supports live events across the UK that are open to the public – such as music festivals and other live events. It will cover costs incurred in the event of cancellation due to the event being legally unable to happen due to Government Covid restrictions.
It will be a huge boost to the UK Music industry which contributed £5.8 billion to the UK economy and supported almost 200,000 jobs pre-Covid.
More on UK Music initiatives.