Mark Davyd digs into the MVT’s latest Annual Report

The publication of the Music Venue Trust Annual Report 2025 presents a stark financial reality for grassroots music venues across the UK; a sector contributing over half a billion pounds annually is being systematically undermined by a tax system that prioritises property over culture. This is not merely a cashflow crisis, but also a profound failure to protect essential cultural infrastructure.

The definitive figure is stark and instructive. The average profit ...