AIF

AIF statement on the closure of Nozstock The Hidden Valley

'We again call on the Government to review VAT on music festival ticket sales...'

London, 5th December 2023

A statement from AIF CEO John Rostron on the closure of Nozstock The Hidden Valley

“It’s incredibly sad to see Nozstock The Hidden Valley forced to close its gates for good as a direct result of the financial strain faced by many following significant Covid losses and an ongoing cost of living crisis. After almost three decades of great events, Nozstock has become a key fixture on the UK’s independent festival calendar, and this should serve as yet another alarm bell warning of the perilous situation that many in this cultural sector are facing. Already, neither NASS Festival and Leopallooza will return in 2024; Bluedot is on a hiatus after a difficult 2023 edition, and the award-winning Field Maneuvres has announced its 2024 festival will be its last in its current form. The impact of Covid and high supply chain costs means the squeeze on festivals is increasing. It is inevitable that there will be more closures if urgent action is not taken. We again call on the Government to review VAT on music festival ticket sales and lower the rate to 5% for an extended period to help support the recovery of the festival sector.”

AIF

The Association of Independent Festivals (AIF) is the UK’s leading national not for profit festival trade association representing the interests of 105 UK music festivals, ranging from 500 to 80,000 capacity.