Conference News April 2020 | Page 62

62 Last Word TESTING TIMES In the face of the Covid19 pandemic, and its impact on the events industry, BVEP vice-chair Simon Hughes says we must stick together in this hour of darkness There is no doubt that we are all being tested – tested to the limits across the global events industry. In the UK however, we are not all being tested for the virus (unless you are already ill or in hospital, a care home or prison). From a business continuity point of view the test that we are being subjected to is unprecedented. Across every sector in our diverse industry, our trade associations are working flat out to provide advice, best practice and information, supporting their members as best they can. Many BVEP partners are sharing the daily updates being produced by the VisitBritain team, who are in turn relying heavily on input from the events industry and convening the Tourism Industry Emergency Response group on a regular basis. The survey that VB ran on the impact of Covid19 saw a massive response, with data feeding into ministerial briefings for discussion at COBRA meetings. A petition launched to get the government to offer economic assistance to the events industry during Covid19 passed the 100,000 signatures mark required to get a debate in the House of Commons. The measures taken in the Budget statement now look futile, though welcomed at the time as a move in the right direction for SMEs. Too little too late for bars, theatres, restaurants, visitor attractions, galleries, hotels, venues, production companies and the extended supply chain that supports our industry, in which many self-employed freelancers who contribute essential services are now wondering how they are going to survive the next few months. This is testing our resilience to the absolute limit. Using the numbers developed for the BVEP last year as a baseline would suggest that the current level of business loss across the whole industry could www.conference-news.co.uk easily be as high as £50bn. In an already crowded autumn market the option of postponing events and making up the current losses looks almost impossible. There is real and genuine anger over the way things have been handled to date, which is matched only by the immediate impact in terms of the loss of many jobs and livelihoods throughout the UK. These concerns are being fed directly into officials working to ensure our specific needs are being met; this is not lobbying – it is urgent, immediate and specific demands supported by hard evidence of the impact on our industry. How do we cope with this test? The economic impact of Covid19 will be far reaching – 10% or 20% of GDP according to some analysts. Denmark, France and Germany are all putting huge amounts of state aid to support workers impacted by the lockdown. The scale of intervention required in the UK will need to be hundreds of millions of pounds. The chancellor has stepped up to the plate, but the acid test will be what action the government takes to address our specific concerns and how long it will take them to implement real changes. At some point in the future we will see the current pandemic settle; I’m not qualified to even guess how long it will take. But we are a very resilient and creative industry and will be able to rebuild and recover. The full list of cancelled events just proves what an important role live events play in our lives these days. But being together, in the same space at the same time, sharing knowledge and experiences – there is nothing like that in the world. It is a very testing time. But we will come through it, working together and being united and focused on delivering solutions that will help us manage future challenges. Keep safe.