9th October 2024
It’s great to see the government backing indie films with increased tax reliefs, which is a positive step for the creative industries. However, the live music sector, a vital part of the UK’s creative economy, is facing a host of serious challenges—rising costs, venue closures, and a slow post-pandemic recovery. While other sectors may be experiencing a resurgence, live music continues to struggle.
The Struggles of Grassroots Venues
Grassroots venues, which are the backbone of the live music industry, are in desperate need of urgent financial support. These venues are not only struggling to stay afloat but are also feeling the pressure of energy bills and VAT—issues that threaten their very existence. These small venues have always been where emerging talent is nurtured, but without financial relief, their survival is at risk.
Brexit and Touring Challenges
On top of these financial burdens, Brexit has created additional difficulties for touring musicians and their crews. Increased costs, visa complications, and logistical barriers across Europe have made it more challenging for UK artists to tour internationally. This has had a direct impact on their ability to reach international audiences and grow their careers. The loss of freedom of movement for touring musicians has made it harder for them to make a living and expand their presence on the global stage.
The Economic Impact of Live Music
The live music industry contributes billions to the UK economy, supporting thousands of jobs and fostering new talent. It’s a key economic driver and cultural asset that reflects the vibrancy of the UK’s creative industries. Without action, we risk losing this essential part of our cultural landscape.
The Need for Immediate Action
We must act now to protect this integral part of the economy. Grassroots venues need immediate financial relief, especially with regard to energy costs and VAT. In addition, the government must address the post-Brexit barriers for touring musicians to ensure that UK artists can continue to perform across Europe and further their careers.
We cannot afford to wait—live music is not just an entertainment sector, it’s a cultural and economic pillar. The time to act is now to ensure that the live music industry continues to thrive, nurture talent, and contribute to the UK's global cultural influence.