Labour MPs call for halt to business rate rise for music venues

Nearly fifty Labour MPs have written to Chancellor Rachel Reeves calling for a forthcoming increase in business rates for music venues to be halted.The letter, which has been seen by the BBC, argues that a revaluation of business rates, effective from April, could increase music venues' bills by between 45% and 275%.Reeves has been warned that music venues in the UK are facing "an existential threat" from…