UK grassroots music has been left fearful of the future after the recent labour budget. The UK’s grassroots music and nightclubs sector were already facing some serious challenges in the current economic landscape. Those challenges are now mounting even further following a key decision in Labour’s first budget. Chancellor Rachel Reeves announced that she would “today provide 40% relief on business rates for the retail, hospitality and leisure industry in 2025-26, up to a cap of £110,000 per business.” You could be forgiven for thinking, from the wording, that this is a generous move. However, the 40% relief is a…