A new platform has launched in the UK to champion live entertainment and experiences, with backing from the Night Time Industries Association (NTIA). Surreal is a global live entertainment operating system for the hospitality industry, and has launched with a number of clients already including Boxpark, Eclectic Clubs and Bars, and Dirty Bones. The platform …
NTIA report shows businesses teetering on the edge in cost-of-living crisis
A report from the Night Time Industries Association (NTIA) has shown that despite glimpses of recovery following the COVID-19 pandemic, the cost-of-living crisis could deliver the final blow for some night time businesses. In the decade leading up to the onset of the pandemic in 2020, the UK’s night time cultural economy (NTCE) showed steady …
NTIA report demonstrates importance of electronic music in the UK
The Night Time Industries Association (NTIA) has presented its first UK Electronic Music Industry Report, which has demonstrated the economic, community and cultural value of the electronic music industry, and the genre’s interwoven presence in live concerts, events, venues and festivals. Published in collaboration with Audience Strategies, the report showcased how electronic music has had …
Night time businesses lose out during festive period
The Night Time Industries Association (NTIA) has said that businesses in the sector lost a fifth of their trade over the festive period. While New Year’s Eve performed better than expected with trading down by only 16% compared to 2019, the month of December was underwhelming for trade due to consumers having less disposable income, …
UK venues see 50% downturn amid rail strikes
UK rail strikes led to clubs and venues seeing a 50% downturn in trade over the busiest weekend of the year, according to data from the Night Time Industries Association (NTIA). The figure, garnered from venues across the country, is worse than the 30% hit the NTIA had previously predicted. NTIA chief executive Michael Kill …
Live music bodies call on new Prime Minster for VAT reduction
Following the news that Rishi Sunak has become the UK’s new Prime Minister earlier this week, organisations in the live music sector have called for stability. Sunak was made Prime Minister and leader of the Conservative party following Liz Truss’s resignation after just six weeks in office. Those in the live music sector have called …
Mini-budget a ‘missed opportunity’ to help sector
UK Chancellor Kwasi Kwarteng revealed a ‘mini-budget’ today that outlined a series of tax cuts, however members of the creative and entertainment sector feel the support is not enough. While the basic rate of income tax has been cut, the 45% top rate of tax for higher earners has been abolished, and an increase in …
Industry reacts to UK Government’s energy cap
The UK Government has announced support for businesses this winter, which will see wholesale energy costs for businesses cut roughly in half. The scheme means that wholesale gas and electricity prices for firms will be fixed for six months, starting from October 1. It has been reported that the scheme will be reviewed after three …
NTIA survey reveals impact of spiralling costs on night time economy
The Night Time Industries Association (NTIA) has revealed a flash poll taken over the last week that gives an indication of the current impact of rising costs on the night time economy and hospitality businesses in the UK. The Night Time Industries Association (NTIA) has revealed a flash poll taken over the last week that …
Music venues continue to struggle in current economic climate
Independent music venues are continuing to struggle with the cost-of-living crisis, with some of the UK’s most loved locations facing a downward spiral. Manchester’s Band on the Wall, which has welcomed performances from the likes of Joy Division, Buzzcocks and more recently James Blake, is just one venue that is struggling with the industry-wide price …