Oral Answers to Questions Debate
Full Debate: Read Full DebateJohn Nicolson
Main Page: John Nicolson (Scottish National Party - Ochil and South Perthshire)Department Debates - View all John Nicolson's debates with the Department for Science, Innovation & Technology
(1 year, 8 months ago)
Commons ChamberFurther to the pertinent question asked by my hon. Friend the Member for Perth and North Perthshire (Pete Wishart), industry surveys indicate that half of musicians across the UK are contemplating leaving the industry. Not just individual musicians are affected. Grassroots music venues run at pre-tax profits of barely 0.2%. With the triple whammy of Brexit, covid and the cost of living crisis, many may have to close, destroying the ecosystem that nurtures and sustains emerging talent. What assessment have Ministers made of the potential impact that easing the tax burden on music venues could have on improving the outlook for this important sector of our music industry?
I thank the hon. Gentleman for raising those important questions, some of which we engage on regularly with the Treasury, particularly energy. As I said in my previous answer, we have schemes to support grassroots venues. The ACE scheme has been extended to March and we will continue to look at what more we can do to support this important sector.