Research has estimated that 393,000 jobs have been lost across the night-time economy due to Covid-19, including 86,000 in the “night-time cultural economy” (NTCE), which includes nightclubs and theatres.
The research, commissioned by the Night Time Industries Association (NTIA) and conducted by leisure consultants CGA and night-time economy researchers Make, found that the sector in the UK – encompassing restaurants, bars, casinos, cultural venues and more – had been steadily growing over the last decade, reaching a peak in 2019. Within that broader sector, the NTCE employed 425,000 people that year, a 12.2% increase since 2010, with the sector valued at £36.4bn.
The NTCE had been projected to continue growing, along with the wider night-time industries, at 9% over the period 2020-2024, but has instead suffered job losses as venues were forced to close during the coronavirus crisis.
Michael Kill, head of NTIA, called on the chancellor, Rishi Sunak, to … Read more