What the election result means for events

Following the win for the Conservative Party in the general election, what do key industry figures think about the result?

After last night's general election victory for the Conservative party, several industry figures have spoken about the affect they believe it will have on the events industry. 

"The events industry has worked successfully with the Conservative government to raise the profile of the sector and have its contribution to the economy properly recognised," said Michael Hirst OBE, chairman at BVEP. "I am confident that this good working relationship will continue to grow.  

"The BVEP, providing a unified industry voice, will step up its efforts to promote the benefits of a strong events economy to the economic and social wellbeing of the UK."

"In a post-Brexit Britain the events industry has a unique role in facilitating trade, growing exports, disseminating scientific research, attracting inward investment, improving productivity, creating community cohesion and driving the visitor economy."

This is a view echoed by Chris Skeith, chief executive officer at the Association of Event Organisers, who said: "We have made great headway working with the last Conservative government, gaining increased recognition of the events sector, and the contribution our members make to the economy.

"Our latest Economic Impact Study shows the industry creates £11 billion in total outputs, and £5.4 billion in total GDP, supporting 114,000 jobs. In addition, the activities of UK organisers overseas returns over £2.1 billion of turnover into the UK annually, which puts them in the top 10 of service exporters. 

"We are confident this good working relationship will continue to grow and our engagement with government departments and the GREAT campaign will increase."

DRPG's CEO, Dale Parmenter, added: "At last we get some certainty and hopefully some stability and leadership. Now we just have to see it unfold. It's business as usual until then."

WRG’s head of live, Tim Collett, said: "I personally believe that as an industry we are better off inside the European Union, however I do believe that the uncertainty around exiting the European Union has been creating additional issues. 

"While the political declaration and withdrawal agreement do leave many questions unanswered, a government with a clear mandate is now in a significantly stronger position to ensure the best deals possible for us as a nation.

"At The Creative Engagement Group we have been planning for the UK’s departure from the European Union for over two years, so feel confident that we have made appropriate plans to mitigate any issues this may bring."

Rob Stross, chief marketing officer at the P2P travel money provider WeSwap.com, said: "With this election result, the pound gained in value dramatically, meaning holidaymakers will get more foreign currency for their pound than yesterday. 

Within the hospitality sector, the chief operating officer at The Food & Drink Federation, Tim Rycroft, welcomed the result: "For too long, business has been mired in a sea of political uncertainty, hitting investment, productivity and long-term growth. As the UK’s largest manufacturing sector, food and drink is part of the UK’s critical national infrastructure and essential to national security. 

"As set out in our manifesto, we want to work in partnership with the government to reach our full potential as the most dynamic, sustainable, resilient and competitive industry, by boosting exports, developing talent and encouraging innovation."

For more features and breaking news sign up to C&IT Magazine's daily Newstracker.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Deadline extended for the C&IT Awards Americas

Deadline extended for the C&IT Awards Americas

As C&IT expands its reach globally, we've launched the C&IT Awards Americas to recognise the best in US events.

Unicorn Events closes due to COVID-19 challenges

Unicorn Events closes due to COVID-19 challenges

Agency MD Hannah Luffman says the business will close while it is still possible to pay staff in full.

How the UK government is supporting the hospitality and events sector

How the UK government is supporting the hospitality and events sector

Suggestions of an extended lockdown period are adding pressure to the events sector, says University of Derby's Brendan Moffett.

LIVE UPDATES: Cannes Lions goes from postponed to cancelled

LIVE UPDATES: Cannes Lions goes from postponed to cancelled

All the latest postponements and cancellations as the world deals with the spread of coronavirus.

Furlough: The new F-word

Furlough: The new F-word

Recently furloughed creative director Dave Leong explains the thinking that’s helping him navigate tricky times.

‘Virtual event providers have been opportunistic’

‘Virtual event providers have been opportunistic’

Think carefully about going virtual if your event can be postponed to later in the year, says Shaumik Saha from Stride Plus Events.

Events company helps build temporary hospital in Berlin

Events company helps build temporary hospital in Berlin

PRG's teams in Germany and the US are supporting health workers on the frontline in the fight against COVID-19.

How venues can rise to the challenge of coronavirus

How venues can rise to the challenge of coronavirus

Be flexible with your payment terms or cancellation policies, says Katie Roberts at National Museums Liverpool.

Dear C&IT: Mental health first-aiders could help events staff in need

Dear C&IT: Mental health first-aiders could help events staff in need

Two readers call for a greater focus on mental wellbeing in the events industry.

Zoom responds to privacy and security concerns

Zoom responds to privacy and security concerns

The video conferencing app is under scrutiny as its popularity surges during the coronavirus pandemic.