Brexit would mean fewer events in the UK, say BVEP members

According to a survey issued by the Business Visits & Events Partnership (BVEP), 60% of the organisation's members believe the UK would attract fewer events if it exits the EU.

Brexit would mean fewer events in the UK, say BVEP members
Brexit would mean fewer events in the UK, say BVEP members

The overall results show that in the event of a Brexit, 10% of respondents thought there would be more events in the UK and 13% thought the number would ‘stay the same’.

Some 56% of respondents believed the ability to recruit the right staff would be the same after leaving the EU, while 39% felt that it would be harder and just 5% said it would be easier. 


See also:

BREXIT: Will leaving the EU benefit the UK events industry?

BREXIT: Talent acquisition


The EU has previously been criticised for hindering UK businesses with bureaucracy and red tape. Despite this, the majority felt this wouldn’t be affected by a Brexit, with less than half (44%) believing a leave vote would lead to less regulation.

 

Speaking about the results, Michael Hirst OBE, chair of the BVEP, said: "This is a timely piece of research, organised by the BVEP. It highlights some of the key considerations and demonstrates how many opinions there are in this important debate. On the one side there are concerns about some of the circumstances which will arise from a Brexit, but there are others who feel there will be positive opportunities, too. The EU referendum is now just weeks away, [and] no matter what the UK decides, the BVEP will continue to raise sector awareness and work with its stakeholders to support its future growth."

Many respondents cited increased regulation on events held in Europe as one of the largest concerns, if the UK votes to leave. Other issues raised were the potential loss of work to European contractors and destinations; additional transport and other operational costs; and the possible perception of Britain as an 'outsider' destination for European events.

On the plus side, the possible weakening of the pound could make Britain more competitive, and there might be greater flexibility and ability to win more global events and trade outside Europe, with more opportunity for government to support events without breaching state aid rules.

More on the Brexit debate:

BREXIT: instability impact 

BREXIT: economic impact

70% of event planners would vote to stay in the EU

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