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MusicRadar
MusicRadar
Entertainment
Harry Bowden-Ford

"A pivotal moment for the UK music industry": UK music generated a record £8bn for the economy in 2024, but challenges from AI and Brexit remain

Charli XCX shared her new remix album with a few hundred fans at a special event at Storm King Oct. 10.

The UK music industry experienced a record year in 2024, growing 5% versus to 2023 and adding £8bn to the British economy.

Although not quite as jam-packed a year as 2025, 2024 saw major tours for the likes of Taylor Swift, Bruce Springsteen, Liam Gallagher and Take That, as well as album releases from popular artists like Coldplay, Idles and The Last Dinner Party, which undoubtedly helped the sector reach new fiscal heights.

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