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Business events industry forecast to be worth £27.6bn by 2026



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UK Business events industry forecast to be worth £27.6bn by 2026 but measures to support rapid post-Covid recovery are critical.
A new research report published today by the pro-cities advocacy group Cities Restart called ‘The Importance of International Conferences and Business Events to Restarting City Economies’, has revealed that spending on international conferences and business events for the UK is estimated to have been worth £19.4bn in 2019, but following the interruption caused by the COVID-19 pandemic, by 2026 is forecast to be worth £27.6bn, a 43% increase. Although at the low point of the lockdown period spending plummeted by around 80% of 2019 levels due …

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