UK festivals issue “red alert” as government hits “brick wall” in insurance talks
nme.comBoomtown and 2000 Trees announced their cancellation in recent weeks, with the AIF previously predicting that this would be the case in the months leading up to the decision.Research from the AIF, which has been tracking the 2021 festival season, shows that 26 per cent of all UK festivals over 5,000 capacity have already announced that they will not be able to go ahead this year.It is thought that organisers are reluctant to shell out huge sums for festivals without Covid insurance as they run the risk of financial ruin if the road-map out of lockdown is delayed and prevents them from taking place.“We’re issuing a red alert because many festivals will be reaching the point where they decide whether to go ahead, and we’ve had crisis meetings.
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