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UK Music announces This Is Music 2021 annual report

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Published on: 19 October 2021

Published by LNB News

LNB News 19/10/2021

Document Information

Issue Date: 19 October 2021

Published Date: 19 October 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

UK Music has announced its This Is Music 2021 annual report calling for government action to boost recovery after revealing that coronavirus (COVID-19) wiped out one in three music jobs. UK Music called on the government to introduce tax incentives and further employment-boosting measures to support the rebuilding of the music sector after the pandemic. This report revealed key findings from 2019 to 2020 such as employment having dropped by 35% from 197,000 to 128,000 in 2020, a drop of 46% in the music industry’s economic contribution from £5.8bn to £3.1bn, and music exports having dropped by 23% from £2.9bn to £2.3bn. The wide-reaching impacts of COVID-19 are acknowledged within this report, such as where government support schemes did not cover many in a sector where three-quarters are self-employed. UK Music’s Chief Executive, Jamie Njoku-Goodwin, stated that this report provided clear evidence of the need for government action to help the music industry...

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