U.K. Prime Minister Boris Johnson has ordered the country’s cinemas, theaters, bars, pubs, restaurants, nightclubs and gyms to shut down, finally taking steps towards a full lockdown.
Meanwhile, Chancellor of the Exchequer Rishi Sunak has announced billions of pounds worth of new economic measures for the country’s workers.
The government has taken “unprecedented” measures with a ‘coronavirus job retention scheme’ that covers 80% of wages for employees who are not working, up to £2,500 ($2,900) a month.
VAT payments for firms are also deferred until the end of June. More to follow. The Music Business Association’s annual Music Biz conference, held in Nashville and scheduled for May, has been postponed until August, due to ongoing
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