15,000 jobs lost from late night cultural events

The night-time cultural economy has lost 86,000 jobs due to Covid-19, 15,000 of them in culture and arts events.

Defined as a third party providing events, the night-time cultural economy has suffered more than the wider night-time economy and the out-of-home leisure economy as a whole.

A new report from the Night Time Industries Association says the culture and arts subsector – museums, galleries, theatres, music venues and cinemas – had grown faster than other parts of the night time cultural economy, accounting for nearly 200,000 jobs in 2019.

However, it lost £36bn in trade over the 18 months to June – more than 100% of its pre-pandemic value.

This section of the economy contributes 1.64% of GDP, "but also to the health, well-being and sangfroid of the population as a whole," the report says.

"It is felt quite strongly that the night time cultural economy bats much higher than just its economic contribution."