The Music Venue Trust has published its annual report for 2025. It reveals a sector that is still “structurally fragile” and operating on very small profit margins.
The report shows that over half of the UK’s grassroots music venues (GMVs) showed no profit at all in 2025 (53%, in fact). It suggests that much of that is down to the government’s changes in national insurance and business rates, which has led to 6,000 jobs being lost in the sector.
