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Music Venue Trust

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Profit eludes Britain's grassroots music venues as closures rise
business4 hours ago

Profit eludes Britain's grassroots music venues as closures rise

More than half of UK grassroots music venues did not make a profit in 2025, with 30 venues closing and about 6,000 jobs lost, even as attendance rose 13% to 21 million. The average profit margin is only 2.5%, and rising costs, including NI and the cost of living, are pressuring venues; a proposed £1 levy on arena/stadium shows could funnel funds to the sector, though much of the money remains undistributed.