Context
Grassroots music venues across the country, particularly in London, are struggling due to customers spending less during gigs because of the cost-of-living crisis. The questioner highlights specific challenges faced by venues like Sound Lounge and CryerArts Centre in Sutton.
Question
I am concerned about grassroots music venues across the country, particularly in London, finding it increasingly difficult to survive as customers spend less when they come to gigs due to the cost-of-living crisis. Will the Minister explain the progress on the levy? Will he consider Lib Dem calls to reverse the national insurance rise on small businesses to give venues such as Sound Lounge and CryerArts Centre in Sutton, which are valued by our local community, a better chance to survive and thrive?
Answer from The Minister for Creative Industries, Media and Arts (Ian Murray)
We want to see 50% of all ticket sales for stadium and arena shows in 2026 enter that music levy; this is our Government’s aspiration and we encourage all ticket providers to do so. In the autumn 2024 Budget, the Chancellor set out plans to transform the business rates system over this Parliament, providing certainty and support to businesses including music venues. We have been engaging with the live music sector on these reforms and will provide further policy details in next month’s Budget.
Not addressed: The questioner asked for progress on the levy and whether to reverse the national insurance rise, but the Minister did not directly address reversing the national insurance rise.
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