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Live music industry responds to the 2021 Budget: “Government-backed insurance is urgently needed to get us back up and running in July”

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coronavirus pandemic.Among the measures announced by Sunak today is the extension of the UK’s furlough scheme into September and further financial support for self-employed people during the pandemic.

An extra £300million for the Cultural Recovery Fund has also been promised.Leading figures in the UK’s live music industry, which is still reeling from a devastating year due to the pandemic-enforced shutdown of gigs, venues and hospitality spaces since last March, have been responding to Sunak’s Budget this afternoon.While some of Sunak’s measures were “warmly welcomed” by the sector – such as an extension of the 5 per cent rate of VAT on ticket sales for the next six months (which “will provide crucial income to businesses across the live.

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