Inquiry Report into the ‘International Competitiveness of the UK Events Industry’

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Posted on: 3 January 2014
By: mackene
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Filed under: News

The results of the first ever All Party Parliamentary Group (APPG) Events Inquiry into the international competitiveness of the UK events has been published. The inquiry includes a series of recommendations that will support the UK events industry achieve its ambitions to grow from £36bn to £48.4bn by 2020 and bring in a new era of business and consumer events for the country. The inquiry’s key findings included the recognition of the event industry and its potential to be a key driver of the government’s growth agenda by attracting high growth industries to the UK. It found the sector favoured the reduction of interventions that decrease its international competitiveness over additional financial support. Key recommendations for government included a special events visa to be created; the inclusion of the impact of taxation within the event industry in future economic impact studies; and a cross departmental approach with representation from the Department for Business, Innovation & Skills.

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