“What assessment she has made of the potential merits of introducing a cap on the resale of concert tickets.”
Asked by
Richard Baker
Answering Minister
the Secretary of State for Culture, Media and Sport
Answer from Hansard
The Secretary of State for Culture, Media and Sport (Lisa Nandy)
For too long, fans have been exploited by touts seeking to profiteer from the UK’s booming live events industry. Last week, we announced that time is up for ticket touts and that change is coming, by introducing a cap on the price that tickets can be resold for. We estimate that this will save fans over £100 million a year.