Music festivals set to take place this year could be scrapped again unless there is a government backed insurance scheme, organisers have warned.
Around a quarter of UK festivals have already been called off over uncertainty surround the pandemic, including Boomtown, a Winchester based event due to take place in August.
In February, the event sold out its 66,000 capacity, but it has now been postponed to 2022 due to a lack of coronavirus cancellation insurance.
Music festivals could be scrapped again if the government don't back an insurance scheme, festival organisers have warnedInsurance Loans Mortgage Attorney Credit Lawyer
Glastonbury Festival, the traditional season curtain-raiser in June, has also been postponed to 2022 and will instead run this year online, with others delaying their events to September and October.
Organisers are warning that the rest of the planned events for 2021 are also at risk without the urgent intervention of the government.
The Association of Independent Festivals (AIF) has called on the government to back cancellation insurance, which would allow organisers to plan events without suffering financial losses if they are forced to cancel them.
'We have been warning government that the UK's 2021 festival season would be quickly eroded if they failed to act on cancellation insurance,' Association of Independent Festivals (AIF) chief executive Paul Reed, told the BBC.
It comes after Boomtown, a 70,000-person music festival, cancelled this summer's event, blaming the lack of a government-backed insurance scheme.
'It's now red alert for the UK's festival season.'
He added that nearly three quarters of AIF members will require financial support to return in 2022 if they have to postpone this year.
Meanwhile, dozens of Tory MPs have written to Boris Johnson to demand he step in to ensure live music events and festivals can go ahead this summer.
The 42 MPs want the Prime Minister to back a £250million insurance scheme for event organisers to ensure festivals can go ahead after 21 June.Insurance Loans Mortgage Attorney Credit Lawyer
Reminding Mr Johnson of his promise of a 'one-way road to freedom' by 21 June in accordance with the roadmap, the MPs write that 'this underwriting should not cost the taxpayer a penny'.
Around a quarter of UK festivals have already been called off over uncertainty surround the pandemic
Among the signatories are Mark Harper and Steve Baker, chairman and deputy chairman of the Covid Recovery Group of Tory backbenchers.
The letter said: 'With the success of the