Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Dividing Y2K trends take over celebrity street style – how to wear them

July 22, 2026

RFK Jr. says the spread of infection is under control

July 22, 2026

OpenAI’s AI spending has grown to $750 billion

July 22, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » UK government to ban reselling tickets above face value
Finance

UK government to ban reselling tickets above face value

adminBy adminNovember 19, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


Dua Lipa performs in concert as part of her “Radical Optimism Tour” at Estadio Mas Monumental Antonio Vespucio Liberti in Buenos Aires, Argentina, on November 8, 2025.

Thomas Cuesta | Getty Images

The UK government will on Wednesday ban the resale of live event tickets above face value. According to multiple reports in the UK, the measures target concerts, major sports and theater.

The move was not surprising, as Prime Minister Keir Starmer’s Labor party had previously cited resale price gouging as a key consumer protection issue and signaled support for a crackdown on ticket trading.

Dozens of artists, including Sam Fender, Dua Lipa and Coldplay, signed a recent open letter calling on Starmer to move forward with his promise and cap ticket resale prices.

Housing Secretary Steve Reid told BBC Breakfast the government was “committed to decriminalization”.

The new law will include platform fee caps and price limits to avoid workarounds that use new methods to artificially inflate prices. The UK government’s inquiry, which began in early 2025, had considered capping the resale price of tickets by up to 30% above the original price, but it is now expected to pursue stricter measures.

According to reports, the UK government’s Department for Culture, Media and Sport estimates that the move could reduce the average resale price of tickets by up to $48.

ticket reseller stub hub Shares fell nearly 6% on Tuesday following reports of an impending ban. The company’s stock price has fallen 37% over the past week after it did not provide guidance in last week’s earnings release.

shares of live nation entertainmentThe company, which owns Ticketmaster, fell on Tuesday but closed in line with the broader market decline. Live Nation released a statement ahead of the expected UK ban, saying it “fully supports the UK government’s plans” and noting that it already limits all resales in the UK to face value. “This is another major step forward for fans as we crack down on exploitative touts to maintain access to live events. We encourage other countries around the world to adopt similar Fans First policies.”

The move comes as U.S. regulators are scrutinizing bot-based ticket collection, with several investigations focusing on fraudulent fee structures and inflated resale prices. In the case of Taylor Swift’s Ellas Tour, the average resale ticket price exceeded $1,000.

Swift’s producer and fellow musician Jack Antonoff recently criticized Live Nation CEO Michael Rapinoe for saying at a CNBC event that concert ticket prices are too low.

“The answer is simple: It should be illegal to sell tickets above face value,” he wrote.

The Federal Trade Commission sued Live Nation and Ticketmaster in September, alleging illegal ticket reselling practices. Last year, the Justice Department filed a lawsuit to break up Live Nation and Ticketmaster on antitrust charges, accusing them of having too much of a monopoly on the ticket sales industry, a move that followed widespread complaints from fans over the failure to sell tickets for Swift’s Ellas tour.

There is growing pressure to increase transparency in ticket markets across live music, sports and big tours.

FTC Chairman Andrew Ferguson: Ticketmaster isn't honest about pricing



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleStock Market Today: Live Updates
Next Article Which teams are participating in the 2026 FIFA World Cup and which teams can still qualify? | Soccer News
admin
  • Website

Related Posts

RFK Jr. says the spread of infection is under control

July 22, 2026

“Buying the market” is easier with stocks than with bonds.

July 22, 2026

Traders are betting this stock will usher in a crypto resurgence

July 22, 2026

BlackRock, Carhartt, Ford, Google launch skilled trades initiative

July 22, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Dividing Y2K trends take over celebrity street style – how to wear them

By adminJuly 22, 20260

The latest controversial fashion trend taking over urban street style: skirts over pants. That’s right.…

Bachelorette Sean Lowe and wife Duchess Kate’s son Isaiah hospitalized with diabetes

July 22, 2026

DWTS’ Val Chmerkovskiy says Next Pro’s AJ Pritchard has ‘arrogance’

July 22, 2026

Latest update on RHOC’s Gina Keough cancer diagnosis: Surgery paused due to infection

July 22, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Arsonists wrap cats in burning rags and start wildfires in southern Italy, authorities say

July 22, 2026

Epstein: Model recruiter who introduced young women to sex offender found dead in France

July 22, 2026

Why a week of protests prompted President Zelensky to invite a young military commander

July 22, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.