The importance of the event industry to Britain’s economic recovery has been highlighted to MPs.
A report showcasing how industry revenue could grow from £36.1 billion to £48.8 billion by the end of the decade has been circulated amongst parliament members.
It is hoped this will encourage the government to lend its full support to events companies.
According to exhibitionnews.co.uk, MPs were urged to do everything they can to assist the growth of the 25,000 or so companies involved with providing quality function venues and event spaces throughout the UK.
It was compiled jointly by the Events Industry Forum and the Business Visits & Events Partnership. The two bodies were keen to showcase the “invisible” values that the events industry adds to the UK, such as the support provided to nationwide export.
Michael Hirst, who is the chairman of Business Visits & Events Partnership, claimed that Britain’s events industry is well prepared to help support the country’s economic recovery.
Speaking to citmagazine.com, he said: “This report comes at a crucial time for the UK economy as the government considers its growth agenda. The UK events sector is well set to play a pivotal role in facilitating economic growth and added employment by showcasing Britain as a world-class destination for international conferences and trade shows.”