How post-lockdown rush back to gigs has breathed new life into Britain's economy: Pop superstars Taylor Swift, Beyonce and Coldplay help drive record £6bn triumph for UK's live music scene
3 months, 2 weeks ago

How post-lockdown rush back to gigs has breathed new life into Britain's economy: Pop superstars Taylor Swift, Beyonce and Coldplay help drive record £6bn triumph for UK's live music scene

Daily Mail  

The UK's live music scene has never been in ruder health, according to a new report which puts the economic value of gigs at more than £6billion for the first time. Industry body Live music Industry Venues & Entertainment 's annual report on the health of the sector says a post-lockdown rush back to venues has driven a 17 per cent year-on-year boost to Britain. Taylor Swift's earth-shattering Eras Tour suggests 2024's figures will be even higher - with the impact of the 34-year-old Fortnight singer so vast economists believe the shows stopped the UK's rate of inflation from dropping below two per cent. Coldplay played a number of UK stadium shows in 2023, helping to drive the live music industry's contribution to the economy to a record high Beyonce's Renaissance tour took in Cardiff, Edinburgh and London last year Taylor Swift's Eras Tour is expected to deliver a similarly explosive contribution to Britain's economy in this year's figures Your browser does not support iframes.

History of this topic

Why don't artists play live anymore? Expert reveals how pressure of major gigs is driving bands to use backing tracks in performances as Glastonbury miming and lip-syncing row rumbles on
5 months, 3 weeks ago
UK Live Music Industry Struggles to Stay Afloat as one Crisis After Another Adds to Losses
3 years, 11 months ago

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