UK MPs Propose Arena Ticket Levy to Rescue Struggling Music Venues

A new report calls for immediate financial measures, including a levy on large venue tickets and VAT cuts, to prevent the closure of grassroots music venues.

Cross-party MPs advocate for a levy on arena and stadium tickets to support small music venues facing economic hardships.
A temporary VAT reduction is suggested to stimulate live music activities and help venues manage rising operational costs.
The proposed measures aim to safeguard the UK's live music ecosystem, ensuring the survival of venues where many top artists began their careers.
If voluntary contributions are insufficient by September, MPs recommend government intervention with a statutory levy.
Industry leaders support the proposals, emphasizing the urgency of addressing the crisis to preserve cultural access and creativity.