Member

It was very clear from my meeting with the Music Venue Trust last week that the agent of change issues are only part of the issues faced by the music industry. That is why it is important to point out that the Government are already committed to supporting the UK’s music industry and will soon publish a music plan, with a £30 million music growth package over three years from this year. We are also supporting the sector’s work to adopt a voluntary ticket contribution, where £1 from every stadium and arena ticket goes towards supporting grass-roots music. In 2026-27, all live music venues will benefit from a 15% business rates relief, on top of the support announced at Budget 2025. Their bills will then be frozen in real terms for a further two years to allow vital infrastructure that showcases our vibrant music industry to continue to thrive.