Source · Select Committees · Culture, Media and Sport Committee
Recommendation 19
19
Government must address the urgent need for the UK’s cultural industries to be covered by...
Recommendation
Government must address the urgent need for the UK’s cultural industries to be covered by adequate insurance. Without it, efforts to resume filming, touring and live performance are doomed to failure. Alongside working with the insurance industry to introduce a long-term pandemic reinsurance scheme, the Department for Digital, Culture, Media and Sport should establish an emergency fund to guarantee coverage for TV and film productions, stage productions, concerts and tours interrupted or abandoned due to Covid-19. (Paragraph 79) Tourism
Government Response
Acknowledged
HM Government
Acknowledged
On 28 July, the Government announced the £500 million Film and TV Production Restart Scheme. This £500 million compensation scheme will assist the film and TV production sectors who are ready to return to work, but are precluded from doing so by the difficulties they face obtaining insurance cover for Covid-19. The scheme will be available to compensate Film and TV productions after they have restarted, and where costs are then incurred due to delays or abandonment as a result of specific Covid-related risks, when the production has been unable to secure insurance for Covid-related losses. This is a temporary measure supporting eligible productions for Covid-related losses between 28 July 2020 and 30 June 2021. The scheme’s application form was made available on Friday 2 October. the challenges facing it in terms of reopening, including in securing insurance cover. Additionally, a new temporary reduced rate of VAT of five percent was announced on 8 July 2020 for admission to certain attractions including concert tickets. This temporary rate applies from 15 July 2020 to 12 January 2021. Impact of Covid-19 on DCMS sectors: Government Response 13 Tourism - Conclusions and recommendations 20–24