The Independent (12/08/25) Williams, Holly

Major concert venues throughout England and Wales are currently facing unprecedented property tax hikes that could see their bills more than double over the next three years. Industry experts caution that these skyrocketing costs will inevitably result in higher ticket prices for customers and could even jeopardize the viability of smaller music venues. A study of official government data conducted for the Press Association by global tax firm Ryan shows a steep escalation in the valuations of these entertainment hubs. Rateable values have surged by as much as 300 percent, paving the way for a substantial increase in tax liabilities. London's O2 Arena ranks among the hardest hit. Its property tax bill is projected to soar by almost £2 million in the 2026-27 financial year. Other major venues, including the Co-op Live in Manchester and Ovo Arena Wembley, are similarly bracing for sizable increases.

Read the full story from The Independent.