Live Events Ticketing: Resale and Pricing Practices

Baroness Wheatcroft Excerpts

Thursday 16th January 2025 Lords Chamber

[Baroness Twycross (Lab)]

My noble friend raises a critical issue. This is about major ticket touting, which is incredibly well organised and heavily financed. The issues that have been raised are ones we will want to explore through the consultation, because there is no point in our having stronger laws unless they have an effect. We are clear that we need to act on ticket pricing, and that cannot just be words; there has to be action.

[Baroness Wheatcroft (CB)]

My Lords, I welcome this initiative. Can the Minister assure the House that the consultation and eventual legislation will stretch to cases where it is the seats that are owned rather than the tickets, and the seat holders are putting the seats up for resale? At the moment it is impossible to get tickets through the Albert Hall for the Last Night of the Proms because the programme has not yet been devised, but online you can pay £13,000 for a single ticket. But don’t worry: if you cannot run to £13,000 then for £450, if you move fast, you can get a restricted-view ticket. I ask the Minister to reassure me that this sort of resale will be included.

[Baroness Twycross (Lab)]

Mindful that your Lordships’ House is going to be debating the Royal Albert Hall Private Member’s Bill, if not next week, then the week after, I raised this issue myself. On debentures, we are consulting on a range of measures, including a price cap on the resale of tickets for live events. We will consider all views in determining the best route forward once the consultation is concluded.