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 …
NTIA calls on new UK Prime Minister Liz Truss to aid with continuing cost crisis
Chief executive of the Night Time Industries Association Michael Kill has congratulated Liz Truss on becoming the new Prime Minister of the UK, but has said that there is still a lot to do in order to help businesses that make up the night time economy. Truss was named the new leader of the Conservative …
Industry leaders call on UK Government to intervene in energy crisis
Live entertainment industry organisations have called on the UK Government to take urgent action to support businesses that are set to be stung by rocketing energy bills this winter. A survey by the Music Venue Trust found that about 30% of its 941 venues are facing the threat of permanent closure without a solution to …
NOEA calls on Government and industry to address sector-wide issues
The National Outdoor Events Association (NOEA) has called on the UK Government and the industry to address issues across the sector, caused initially by the pandemic and exacerbated by the cost-of-living crisis. In a statement, the NOEA said that the “industry was still crawling its way into recovery” and that the increase in inflation combined …
Organisations call on UK Government to take action against soaring energy costs
Five organisations representing hospitality, entertainment, music venues and night-time associations have written to the UK Government, calling for action over rising energy costs. UK Hospitality, Night-Time Industries Association (NTIA), Music Venue Trust, The British Institute of Innkeeping and The British Beer and Pub Association have written a letter the the Government, highlighting the surging energy …
NTIA expresses concern over nightclub closures
The Night Time Industries Association (NTIA) has expressed its concern over the number of nightclubs that have closed down in the last three years. Statistics from data and insight consultancy CGA demonstrated that there are only 1,130 nightclubs currently open in the UK, a significant decrease compared to pre-pandemic. The data showed that the Midlands …
UK Government faces fresh calls to reduce VAT
There have been fresh calls for UK Chancellor Rishi Sunak to reduce VAT to 12.5% to help businesses in the live entertainment and night time sectors. Michael Kill, chief executive of the Night Time Industries Association (NTIA), has said that time is running out for the UK Government and the Chancellor to help with inflation …
Railway strikes severely impact Glastonbury ticket holders
Glastonbury festival ticket holders will begin their pilgrimage to the Somerset event this week, but more than half of the trains from London have been cancelled due to strike action. The site opens on Wednesday, with many people making the journey today (Tuesday), tomorrow and Thursday. The festival will run from Friday 24 until Sunday …