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Theatres and music venues will face devastating losses if restrictions continue beyond July 19, ministers have been told.
Even minor restrictions will see a big fall in income, according to an economic impact assessment produced by the team behind the Government's pilot events.
It concluded that if 'high intervention' measures such as mandatory face masks, attendance caps and a ban on food or drink are kept in place, the events industry overall would raise just 69 per cent of its 2019 turnover.
For indoor seated venues such as theatres, cinemas and business events, the figure is just 59 per cent – costing them around £4.88 billion over the next year.
With even 'low intervention' measures in place – just face masks – the events industry would still run at only 82 per cent of its 2019 turnover.
Former Tory leader Iain Duncan Smith said: 'These figures are devastating – they show we have to unlock.'
Theatres and music venues will face devastating losses if restrictions continue beyond July 19, ministers have been told. Even minor