Grass-roots Music Venues Debate

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Department: HM Treasury

Grass-roots Music Venues

Lord Kennedy of Southwark Excerpts
Monday 26th January 2026

(1 day, 8 hours ago)

Lords Chamber
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Lord Kennedy of Southwark Portrait Captain of the Honourable Corps of Gentlemen-at-Arms and Chief Whip (Lord Kennedy of Southwark) (Lab Co-op)
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My Lords, there is plenty of time. We will hear from the Lib Dems next, then the Conservative Benches.

Lord Clement-Jones Portrait Lord Clement-Jones (LD)
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My Lords, given that the Music Producers Guild reports that 50% of recording studios are considering closure within the year, with rateable value increases of up to 100%, will the Minister commit to urgently reviewing their exclusion from the retail, hospitality and leisure multiplier, and their misclassification as office space by the Valuation Office Agency, particularly given that film studios, which are similarly not public-facing, already benefit from 40% targeted relief?