UK live sector frustrated by mini-budget

Calls to extend the VAT break on live event ticket sales again went unheeded in chancellor Rishi Sunak's spring statement

News By James Hanley | 23 March 2022

Chancellor Rishi Sunak opened the scheme today
Rishi Sunak

The UK’s live music industry has reacted with disappointment to chancellor Rishi Sunak’s spring statement, which was delivered today in the House of Commons.

Calls to extend the VAT break on live event tickets sales past the end of this month again went unheeded, with the temporary 12.5% rate now set to revert to 20% from 1 April. There were also no improvements announced to the government’s £800m insurance scheme for live events

Trade body LIVE (Live music Industry Venues…

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