Grassroots music venues are the lifeblood of the UK's vibrant music scene, nurturing emerging talent and serving as cultural hubs within communities. However, recent economic policies, including the 2024 budget, have placed these venues under unprecedented strain.

The reduction of business rates relief from 75% to 40% is a significant blow to grassroots venues, many of which operate on razor-thin margins. The Music Venue Trust estimates that this change could result in an additional £7 million in premises taxes, threatening the survival of over 350 venues.

The closure of grassroots venues would have a ripple effect on local economies, leading to job losses and reduced economic activity. These venues also play a crucial role in community cohesion, providing spaces for social interaction and cultural expression.

Calls for Government Intervention

Industry advocates are urging the government to reconsider policies that adversely affect grassroots venues. Proposals include reinstating higher rates of business rates relief and introducing a temporary VAT cut on concert tickets to stimulate the sector.

The survival of grassroots music venues hinges on a collaborative effort between the government, industry stakeholders, and communities. Recognising the cultural and economic value of these venues is essential to ensure their sustainability in the face of