MEETEvent Industry News · 7h ago
UK risks losing out on growing international business events market sector warns government
Executive Brief
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Over 200 industry stakeholders have petitioned the UK government to implement immediate support recommendations for the business events sector. Failure to act risks the nation's share of the 33.6 billion pound market as international competition intensifies.
- 01Stakeholders from 214 trade associations and venues signed an open letter to the DCMS Secretary
- 02Current industry output is valued at 33.6 billion pounds across the UK economy
- 03Immediate policy support is required to maintain global competitiveness in the business events market
- 04The petition follows specific recommendations from the Culture Media and Sport Committee
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More than 214 trade associations, venues, organisers and suppliers from across the UK’s business events sector have written to Lisa Nandy MP, Secretary of State at the Department for Culture, Media and Sport (DCMS) to demand that the recent Culture, Media and Sport Committee’s recommendations, which call for immediate support for the UK’s £33.6 billion […] Source