The multibillion-pound UK music industry remains almost a third smaller than before the pandemic as rampant inflation, soaring costs and Brexit red tape threaten to derail its fragile recovery, a report warns.
UK Music, the umbrella body representing the industry from artists and record labels to live performance, is calling for a package of support including tax relief, a VAT cut for struggling venues and a streamlining of restrictions affecting workers and touring between Europe and the UK.
