Music venues threatened by energy crisis as well as slow pandemic recovery, say campaigners

Suede perform secret gig at the Moth club in east London last September. Photograph: Paul Khera/Dawbell/PA

Grassroots live music venues are operating on a knife-edge, a new report by the Music Venue Trust (MVT) suggests. In its 2022 annual report, the live music venue charity reveals that live music still has not returned to pre-pandemic levels, with an average of 16.7% fewer shows per year compared with 2019.

While audience numbers are down 11%, average expenditure by grassroots venues was up 40% – a contribution to the economy totalling £500m – meaning that venues are operating at a profit margin of 0.2%, with the average yearly profit for grassroots venues amounting to only £1,297.