COI's events work faces uncertainty

Spending cuts and the change in government has cast uncertainty over the volume and value of events put through the COI framework this year.

COI's events work faces uncertainty
COI's events work faces uncertainty

COI director of live events Simon Hughes said spending "efficiencies" would impact on government agency and departmental events, but the extent would remain uncertain until the forthcoming Budget.

"None of us really know what support will be required going forward to communicate new policy areas," said Hughes. "The 'more for less' mantra is front of mind."

When COI created its four-year events framework last year, it estimated the value of work for agencies on the roster to be worth £12m annually. Hughes said it was now unable to place a definite value on the roster. "We have no idea of what it might be valued at but I think £12m was a reasonable estimate," he said. "However, I don't think anyone will nail their colours to a mast and value the expenditure."

He added that the industry should be buoyed by the Tories' appreciation of events and their economic impact. "We have the Olympic Games coming up, and the World Cup bid, and they seem to recognise that global events have a tremendous impact on economic benefits," said Hughes.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
World Petroleum Congress set for Calgary in 2023

World Petroleum Congress set for Calgary in 2023

The World Petroleum Council of Canada and Meetings Conventions Calgary (MCC) announces Calgary as host city for its 24th Congress.

'Giving young talent a chance to be hands-on with an event is so important'

'Giving young talent a chance to be hands-on with an event is so important'

A-List 2019: Sammi Wratten, event manager at TAG.

Red Bull Racing launches MK-7 event space

Red Bull Racing launches MK-7 event space

New venue in Milton Keynes has a central auditorium, boardroom and mezzanine area, with capacity for 450 people.

Case study: Think Tank at TEDxSydney 2019

Case study: Think Tank at TEDxSydney 2019

INVNT designed and produced the main event as well as designing its own Think Tank space.

2 days left for entries to C&IT Awards

2 days left for entries to C&IT Awards

The deadline to enter the C&IT Awards is 11.59pm on Thursday 27 June, so get your submissions in!

'You can only plan 95% of an event, there's 5% you can never predict'

'You can only plan 95% of an event, there's 5% you can never predict'

A-List 2019: Abigail White, event manager, OrangeDoor.

Conference and meeting spend in UK increases by £1.9 billion

Conference and meeting spend in UK increases by £1.9 billion

Research commissioned by Visit Britain finds MICE sector in good health, with the number of meetings at venues also rising.

4 pitching tips agencies need to know

4 pitching tips agencies need to know

The pitch can be your one chance to prove your credentials so certain elements are essential, says creative director of Timebased.

'If agencies paid more attention to training they would have a higher retention rate'

'If agencies paid more attention to training they would have a higher retention rate'

A-List 2019: Sam Ward, lead projects & event manager, Brandfuel.

In pictures: The first ever C&IT Summit

In pictures: The first ever C&IT Summit

London's Congress Centre hosted an industry gathering featuring panel debates, networking and virtual reality.

LATEST JOBS