UK creative industries facing £74bn drop in income after lockdown
Report says 400,000 jobs likely to be lost across sectors including music, theatre and art Britain is facing an irreversible "cultural catastrophe" with a projected £74bn drop in revenue for creative industries and the loss of 400,000 jobs as a result of the coronavirus pandemic. The Creative Industries Federation commissioned the global forecaster Oxford Economics to research the economic impact of Covid-19 on in…