BVEP calls for collaboration and infrastructure investment
The Business Visits and Events Partnership (BVEP) has called for more collaboration, less regulation and more investment in infrastructure in a new report ahead of the general election.
BVEP has published its report ‘Events Deliver Growth, Jobs and Opportunities. A Manifesto for Britain’s Events Industry’ to illustrate its contribution to the UK economy ahead of the general election on Thursday 12 December.
The manifesto sets out the value of Britain’s events industry, which currently stands at £70bn through direct spend and accounts for more than 50 per cent of spend in the UK visitor economy. The events sector, both business and leisure, provides more than 700,000 jobs across the length and breadth of Britain.
Simon Hughes, vice chair of BVEP, said: “Our starting point is one of significant economic impact, expert delivery of complex and creative events and active support from government departments that recognise the importance of establishing Britain as the destination of choice for hosting events.”
The document also outlines five key areas to help position Britain as the leading European country for staging events including:
– Working together to enhance the UK’s position as a leading European country for hosting events by increasing resources across government departments and implementing the UK Government’s International Business Events Plan
– Creating a more competitive tax regime by reducing VAT levels on accommodation, conference and event services and reforming the Tour Operator Margin Scheme (TOMS)
– Supporting the industry in driving forward its skills agenda
– Avoiding greater regulation by making movement of people engaged in the events sector as easy as possible
– Growing infrastructure, enabling greater access and increasing investment by undertaking a comprehensive review of event venues to assess supply constraints against potential future demand
Hughes added: “In order to deliver this manifesto, we need more collaboration, less regulation and more investment in infrastructure on a national, regional and local level. All of these areas align with many of the requests from across different business sectors and are based on the proven success of Britain’s event industry to deliver opportunities for great careers, real economic benefits and outstanding creative solutions and experiences.”
The full manifesto can be viewed on the BVEP website here.
Published Date: 27/11/2019