MPs Urge Chancellor to Save Music Festivals as Live Music Faces Ruin.

The BBC have reported that MPs have written to the chancellor, asking him to launch a Covid-19 

insurance scheme to protect live music.

It comes days after a parliamentary inquiry heard that the majority of UK festivals face ruin if they are forced to cancel events for a second summer.

The appeal is backed by more than 100 industry figures, including organisers of the TRNSMT and Parklife festivals. "Without insurance, the events we know and love simply won't take place this year," the DCMS committee said. "Sustaining losses like those we've seen in 2020 for another year isn't an option, and hundreds of businesses... have already been forced to fold," the letter continued. "The government has backed insurance for the film and television

industry to the tune of £500 million. It's now time to do this for other creative industries."

 Keep Music Live

and

Let The Music Play

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MPs urgechancellor to save summer music festivals as live music faces ruin - BBC News