Corporate events lead bookings in London venues

London venues are experiencing a rise in party and receptions bookings from the corporate sector. A survey by consortium Unique Venues of London (UVL) discovered that more than 75 per cent of corporate bookings were made up of receptions, dinners and lunches. Ian Lovat Fraser, UVL chairman, said the figures were a barometer of spending: "When companies are booking parties and dinners, on top of more sober business conferences, it usually means the economy is in a more positive state of mind." The research found that corporate events made up the largest part of business (56 per cent) compared with private (34 per cent) and charity (9.5 per cent).

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