The events industry is undoubtedly one of the hardest hit sectors as a result of the COVID-19 outbreak. Right now, we all face unprecedented times and for at least the near future, a high degree of uncertainty and worry.
Since the government has stepped up protocols and introduced new measures to try and contain the spread of the virus, we in the events industry have seen the cancellation of sporting events, festivals and concerts as well as the stagnation of private events all over the UK. As such, worries over finances, our health, and where to get support are prevelant.
With no end in sight, and with the worst case scenario seeing 20% of the UK’s workplace being absent from work, this led to the government announcing a level of support equivalent to 1/6th of the UK economy - £330b. Since this announcement on the 17/03/2020, we have seen much of our Feast It supplier community and the wider events industry left confused as to what grants and loans they are entitled to and how they can obtain them. Questions surrounding help that can be received outside of government aid have also been posed frequently.
As a result we felt it was necessary to provide as much clarity as possible to help all of us make sense of this budget and to provide guidance to see us through the coming months. The information attached is recorded as of the 20/03/2020 and references information from government sources as well as bodies such as the FSB and NCASS. It will be updated as and when any relevant information is made available, however, given the abundance of updates and multiple sources, if you find any information to be false, out of date or if you are aware of something we have not mentioned, please email [email protected] so we can ensure the information we are sharing amongst our community is as accurate as it can be.
Worthy of note are also a number of petitions we have linked to in there to point people in the direction of movements specifically concerned with the self employed and mobile caterers.
In making this document, we found it difficult to come across a singular source of truth and we had varying degrees of information provided to us by the local councils we spoke to. This is truly an unprecedented time, causing huge amounts of stress and uncertainty to businesses and individuals involved. If you feel others will benefit from this information please share this post.
Kindest, The Feast It team.