Industry faces 80% decline in revenues this year amid Covid shutdown, research shows
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The UK’s live music sector is facing the loss of 170,000 jobs – almost two-thirds of its workforce – as the beleaguered industry approaches a “cliff edge” after the winding up of the government’s furlough scheme at the end of the month.
The sector, which has, in effect, been shut down since March, is estimated to be hit by an 80% decline in revenues this year, according to a report.
