The past, the present and the future

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By Ema Talam

From 2016 to the present day, Brexit vote has already led to the numerous consequences on the UK economy. Some of the consequences involve: fall of sterling; higher inflation; higher uncertainly which further had an impact on investment and productivity growth; and lower GDP level than projected had the Brexit vote never happened (Bank of England, 2018). Furthermore, the evidences suggest that the anticipated trade costs related to the Brexit vote have already had a significant negative impact on the business investment in the UK (Gornicka, 2018).

Reports published two years ago on the potential consequences of Brexit did not widely discuss, or sometimes did not even acknowledge, its potential impact on productivity and innovation (discussed in greater details in my previous blog. However, in the reports published this week, the impacts of the vote on productivity are widely acknowledged.

The Bank of England’s (2018) report, published this Wednesday, looks at different scenarios and short-run impacts of Brexit on the UK economy. In the scenarios where the Economic Partnership between the UK and the EU is implemented, it is estimated that output per hour will be lower by 1.25% to 3.5% by the end of 2023 compared to May 2016 trend, depending on the exact terms of the Economic Partnership. The negative impact on GDP will be between 1.25% to 3.75% over the similar time period. In case no deal is negotiated and there is no transition period, by the end of 2023 compared to May 2016 trend, the negative impact on the output per hour will be approximately 5%, while the impact on GDP will be between -7.75% to -10.5%.

The Centre for Economic Performance and the UK in a Changing Europe’s (2018) report looks at the long-run consequences of Brexit and the Withdrawal Agreement on the UK economy, compared to the UK staying in the EU. The estimated long-run impact on GDP per capita from changes in trade and migration, in the case where the deal is reached, ranges from -1.9% (without productivity assumption) and -5.5% (with productivity assumption).

The impact on GDP per capita will be larger in case of no deal being reached and ranges from -3.5% (without productivity assumption) and -8.7% (with productivity assumption). The estimated fiscal impacts, as a percentage of GDP, in case the deal is reached, range from -0.4% (without productivity assumption) and -1.8% (with productivity assumption). However, in case of no deal being reached, the estimated impacts range between -1.0% (without productivity assumption) and -3.1% (with productivity assumption).

The Brexit vote has led to the numerous consequences on the UK economy. However, from the reports published this week, it is clear that it will have a significant impact on the economy both in the short- and the long-run.

References:

  1. Bank of England (2018) ‘EU withdrawal scenarios and monetary and financial stability: A response to the House of Commons Treasury Committee’. Available at: https://www.bankofengland.co.uk/report/2018/eu-withdrawal-scenarios-and-monetary-and-financial-stability (Accessed: 28th November 2018)
  2. Centre for Economic Performance and the UK in a Changing Europe (2018) ‘The economic consequences of the Brexit deal’. Available at: http://ukandeu.ac.uk/wp-content/uploads/2018/11/The-economic-consequences-of-Brexit.pdf (Accessed: 28th November 2018)
  3. Gornicka, L. (2018) ‘Brexit Referendum and Business Investment in the UK’, Working Paper No. 18/247. Available at: https://www.imf.org/en/Publications/WP/Issues/2018/11/21/Brexit-Referendum-and-Business-Investment-in-the-UK-46318?cid=em-COM-789-38014 (Accessed: 27th November 2018)

A day out at Conkers

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Simon Hughes, Student, Staffordshire Business School

‘Conkers’ is a day out at an activity centre in Derbyshire, where a group of new Staffordshire University students spent a day during Welcome Week. The day is used to bring people out of their shell and get them involved with various activities that involve communicating and working as part of a team.

The day started out and there was not much interaction between each member of the group and when we arrived at conkers there was still very little interaction while waiting to be split into teams to take part in several activities throughout the day.

When the students were separated into teams, I could see how they were bonding and forming a rapport with their teammates. I strongly recommend this to any person looking to improve their team working skills plus it’s a great confidence booster. It will also help them to ‘find their voice’ to help with communication skills.

The first part of the day was mainly about the communication within their teams. They had to get a bucket of water through an obstacle course, without losing too much water and not letting it touch the ground.

All the teams seemed to have a lot of fun no matter what the weather.

 

 

 

 

The second activity of which the teams took part in, was aimed at helping them build their self-confidence and to believe in themselves with a high wire walk.

 

 

They also had a lower wire for those who had not got as much confidence.

The third activity the team took part in was called `bush craft` where they were split into smaller groups to build a shelter showing their ability to work together as part of a team.
They also had to build a fire under the instructor’s guidance, by gathering wood so that they could toast their marshmallows.

By the end of all the activities, it was apparent that all who took part gained something positive from their experiences. Team working skills and communication were improved and it also helped with their self-confidence.

 

Do Marketers have the right skill set for your business?

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Vicky Roberts, Senior Lecturer, Staffordshire Business School

In these uncertain times, with budgets slashed and cost cutting evident, companies may now need to turn to their to their marketers to drive business growth. The Chartered Institute of Marketing (CIM), have identified key challenges facing marketers moving forward, each accentuating how important it is to ensure your marketing team are trained and market ready.

In a digitally driven market place, achieving higher sales through SEO and PPC can demonstrate how digital marketing activity can count towards the bottom line. However, a report by the CIM in May of this year (The Digital Marketing Skills Benchmark) warned business about the failure to stay relevant, engaging with their customers, adding value through their digital offer. Too many companies rely heavily on email marketing, viewing it as a win-win tool in the digital age. With the ramifications of correct data management following GDPR, the danger in pursuing this strategy, founded on weak marketing skills & knowledge, can have a detrimental effect on business performance.

Besides digital skills, junior marketers in the UK often lack the strategic marketing knowledge they need to contribute effectively in meeting & understanding how marketing fits with corporate objectives. Paradoxically, senior marketing managers and directors, can often have scant knowledge of key digital sales drivers like SEO and PPC. In an ever changing market with more demanding customers, solving this paradox becomes even more important. In a recent lecture organised by the CIM in Wolverhampton University, Professor Malcolm McDonald stated that the marketer needs to get back into the boardroom. To do that effectively the marketing team needs to support their board, demonstrating a thorough understanding of key strategic marketing issues, whereas senior marketing managers need to upskill to lead their businesses more effectively.

Here at Staffordshire University we have a rich heritage of marketing education for professionals, spanning decades. Working with our partners, CIM and the Digital Marketing Institute (DMI) we can off a range of career development opportunities for your business. From the CIM Certificate to the CIM Professional Diploma, we cover key skill sets such as a digital focus along with coverage of marketing strategy and consumer behaviour. For those who want an introduction to the new digital marketing language, we offer a DMI course by blended learning. If you want to take your digital marketing knowledge to the next step we have our MSc Digital Marketing Management.
If you need to chat these options through with one of our marketing team, please drop me an email at v.a.roberts@staffs.ac.uk

Alternatively visit us at our Post Graduate Open Evening on Wednesday 28th November 2018, 4pm-7pm

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Would you like to market to customers when they’re in your area or about to go to a competitor’s location?

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Paul Dobson, Senior Lecturer at Staffordshire Business School

The ability to market to customers or potential customers by their location has been around for a while. However, in my conversations with local businesses not many are aware of this facility.

The number of mobile users is consistently on the rise and already outnumber PC users for internet access.  Therefore, it is a necessity for businesses to make sure their marketing is working as effectively as possible for mobiles. Geolocation is the ability to show where the mobile device, and the user of the device, are located using the built in GPS.  The best thing about using geolocation data is that it knows where mobile users are in-real-time.  Therefore, it enables businesses to create a tailored and relevant promotion to target these potential customers in a more effective way.  For example, it can be used for presenting coupons or adverts to potential customers when they are in the same street.  Geolocation can target users in a few different ways. However, the three most common are:-

  • Geo-targeting is the act of reaching someone based on their location.
  • Geo-fencing is typically used when targeting small regions like specific streets or towns. These targets are especially useful for apps that want to direct foot traffic to business premises, such as shops and restaurants.
  • Beacons are the narrowest of the three location targeting methods. A beacon is a small, Bluetooth device that receives location data from nearby mobiles, if the mobile Bluetooth is switched on. Often these are deployed in the interior of building such as shops, and airports etc.

Search results on a mobile can also be an effective location based marketing tool, for example if potential customers do a Google search for an Italian restaurant near them.  The search results can display the nearest restaurants and, at the press of an icon, the customers can: call the restaurant, get navigation instructions to the restaurant, or have a look at the website and menu.

Screenshot from Google Maps showing local Italian restaurant

Unfortunately, I’m not aware of a single marketing tool that works for everybody all the time, and this is no exception.  The biggest downside of using geolocation data for mobile marketing is that it is easily blocked by mobile users.  Although there are many mobile users that use apps with the GPS location feature enabled, there are also many users that don’t. Also, geolocation-triggered ads may not work on all devices due to ad blockers.

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Introducing Dr Alyson Nicholds, our new Associate Professor

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Dr Alyson Nicholds, Associate Professor (Business Management), Staffordshire Business School

I am delighted to be joining Staffordshire Business School as Associate Professor (Business Management).  This is my 5th University, having previously worked at Leeds Beckett, Birmingham, Middlesex and Coventry in various teaching/ research roles.

Dr Alyson Nicholds

Dr Alyson Nicholds

I’m probably best described as an ‘interdisciplinary’ academic of all things Public Policy. What this means, is that I bring to bear all my past professional experience (as Nurse, Health Promoter and Development Officer) to analyse, empirically, ‘what works’ in health, social care, urban, science and technology policy.

I do this by exploring ‘why policy fails’, but this is not by evaluating the impact of policy is (i.e. rationally), but by analysing ‘why practitioners do what they do’ (i.e. the accounts that professionals provide of their practice). We call this more novel type of research ‘discourse analysis’ and it works by paying close attention to the language embedded in what practitioners say and do i.e.:-

  • How professionals ‘describe’ how they do what they do (‘functionalist discourse’);
  • How professionals ‘interpret/ frame’ why they do what they do (‘constructivist discourse’);
  • How the context ‘shapes/ constrains’ what professionals say and do (‘dialogic discourse’);
  • How society ‘influences’ what it’s possible to say and do (‘critical discourse’)

Discourse analysis is therefore important because it addresses some of the limitations of more rational/ scientific approaches to traditional policy analysis which typically ignores the human voice. Hence, much of my early work has involved applying the second type of discourse (constructivist discourse) to real-life cases, as with my PhD, which revealed regeneration professionals’ shared experiences of the barriers to effective regeneration in the East and West Midlands[1] [1a].  Indeed, this was so compelling, that I’m now reanalysing this data using the third type of discourse (i.e. dialogic discourse) to understand ‘why actors don’t do what they say’!

Other work, using this more ‘constructivist discourse’ approach, involved a large scale NHS funded study (Post Doc) to ascertain the value of different joint commissioning arrangements in health and social care (i.e. in 6 NHS Trusts in England)[2]; and scientists’ preferences for sharing knowledge in a global network (i.e. the large-scale physics experiment known as the hadron collider at the CERN facility in Switzerland) [3].

More recently I’ve been working with colleagues from Birmingham and Middlesex to analyse how formal and informal leaders prefer to lead in sub-national urban development places (i.e. the Smart Cities policy initiative)[4]. My latest work explores the practical applications of all of this type of discourse work in transforming the social outcomes of public policy through greater reflexivity in management learning. In future blogs, I’ll be writing about this and the different ways we might better research these complex types of policy problems, to address widening social and economic inequality.

[1] http://etheses.bham.ac.uk/3495/1/Nicholds12PhD.pdf

[1a] Alyson Nicholds (2011) Making sense of urban policy failure in complex times, Regional Insights, 2:2, 18-20, DOI: 10.1080/20429843.2011.9727924

[2] Helen Dickinson, Stephen Jeffares, Alyson Nicholds & Jon Glasby (2014) Beyond the Berlin Wall?: Investigating joint commissioning and its various meanings using a Q methodology approach, Public Management Review, 16:6, 830-851, DOI: 10.1080/14719037.2012.757353

[3] Mabey, C. & Nicholds, A. (2015) Discourses of knowledge across global networks: What can be learnt about knowledge leadership from the ATLAS collaboration? International Business Review, Volume 24, Issue 1, February 2015, Pages 43–54. https://www.sciencedirect.com/science/article/pii/S0969593114000754

[4] Alyson Nicholds, John Gibney, Chris Mabey & Dan Hart (2017) Making sense of variety in place leadership: the case of England’s smart cities, Regional Studies, 51:2, 249-259, DOI: 10.1080/00343404.2016.1232482

Middleport Pottery – my experience by Simon Hope

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by Simon Hope on the BA Tourism Management award (top up)

Pots, Plates and plenty of clay. Middleport Pottery is a historical attraction based in Burslem, Stoke on Trent. It consists of a factory tour, history tour, tea rooms and a shop. The site promotes the history and culture behind the potteries industry and transports you back to the past.

It started in 1888, as a working potteries factory and had fallen into despair until it was brought by the United Kingdom Historical Building Preservation Trust and renovated so that the factory can be continued to be worked.

Some of the range of Burleigh Pottery

Some of the range of Burleigh Pottery

We were toured round the factory by Tony who was a volunteer (as are all the tour guides) that was very insightful about the factory and all the history surrounding Middleport Pottery. We started on the old cobbled path then followed the path round to the clay dispense room with runners. Then we progressed through the factory tour developing more and more knowledge.

I really enjoyed the tour, it felt personal and connected. I felt like I was being transported back in time and I was surprised at how most of the factory preserved the historical feel whilst still operating. Whilst we were touring we saw the whole process and was able to see an order for Ralph Lauren which was exciting.

Middleport Pottery

Middleport Pottery

It was a completely different process to the World of Wedgwood (WoW) which we have visited previously.  WoW was very modern, and the tour was more views from a side line whereas Middleport pottery was much more hands on and interesting.

Bottle Kilns. The most interesting part of the tour brought us to one of the bottles kilns. I stood inside the kiln looking up towards the sky, thinking of how many thousands of pieces of crafts and the people who worked in these conditions. I was astounded, and it has made a lasting impression.

I would recommend the tour to any tourist student that wants an insight to history of the pottery industries. It has helped me to see how the operations of volunteer-based attraction works and I have seen where there is potential for the attraction to develop and maintain its advantage.

Overall, I would like to thank Middleport Pottery and Tony for the time taken to show us around the site. I would also like to promote the attraction to anyone who is interested in Stoke on Trent history and potteries.

Middleport Pottery on facebook 

Middleport Pottery on twitter

You may also be interested in our blog on resources for Chinese visitor for Middleport Pottery

My Visit to the Wonderful World of Wedgwood

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By Sasha Wilson L6 Tourism Management

Wedgwood is an iconic brand within the pottery industry, it was founded by Josiah Wedgwood in 1759 and is valued as part of English History (Visit Stoke, 2018). It is now owned by the Fiskars Group who have ownership over other iconic brands including Gerber, Fiskars, Littala, Waterford and Royal Copenhagen (Wedgwood, 2018).

The World of Wedgwood is located in Stoke-on-Trent, Barlaston and is known for being a cultural attraction suitable for all ages. They attract 100,000 visitors per year with 25% of them being international with Japan and China being the most popular, helping to contribute to their global sales by 40% (Perkins, 2018).

Sasha with some of her fellow students

Sasha with some of her fellow students

My fellow colleagues and I arrived at the World of Wedgwood around 9am, where we were greeted by the director (Chris Perkins) and educational contact (Olivia Thackston). Chris has been working for the attraction for 5 years and manages the front of house, catering and museum teams, ensuring that they all run smoothly and all issues are resolves effectively.

The director showed us to the dinning hall where we conducted the interview, he started off by informing us about the Fiskars Group and the World of Wedgwood providing us with in-depth and valuable information. The group had individually prepared some questions to ask him, however many had already been answered through his inspirational talk.

I wanted to find out how the attraction is sustainable so I asked what strategies and procedures have been put into place to help the environment and reduce waste. He informed me that they don’t use plastic and that everything is made from glass so it can be reused, they also manage visitor numbers and order the right amount to cater for their needs to reduce food waste (Perkin, 2018).

An interesting fact I found out was that they recycle their broken casts by smashing them up which is then sold and used to make motorways, helping them to be more sustainable and provide positive impacts on the attraction as they still make money (Perkins, 2018). When I found out this I was very happy as I believe that organisations have a responsibility to the do whatever it takes to be more sustainable, to help preserve the environment and local community.

Once we had finished the interview we walked around the Museum where I saw lots of Wedgwood blue plates, taking me back to my childhood as my nan used to make us stories on the plates and tell them to me which gave me a warm and happy feeling. I then rang up my nan and told her she MUST visit as she would LOVE it! While on the phone we went back in time and remembered the happy and joyful memories that Wedgwood have provided us with, which we are very grateful for.

One of the many displays in the fabulous museum

One of the many displays in the fabulous museum

We then brought tickets for the factory tour which costs us £5 as we were a group of students, this helped to encourage us to go on the tour as it is affordable and value for money. I highly recommend taking part in the factory tour as you are able to gain first-hand experience on how they make their famous potteries and see the fantastic detail that is put into the hand-crafted items.

To finish our visit we visited the gift shop where I brought a keyring as I collect one every time I visit an attraction, as I am able to look back through them and remember my experience.

Overall, I believe that the World of Wedgwood is a fun and interesting way to spend your day and well worth a visit.

You can follow them on social media Facebook , Twitter, Instagram

Reference List

PERKINS, C. (2018) World of Wedgwood Q&A. [Interview]. 11th October 2018.

VISIT STOKE. (2018) World of Wedgwood. [Online] Available from: https://www.visitstoke.co.uk/see-and-do/world-of-wedgwood-p736491. [Accessed: 18th October 2018].

WEDGWOOD. (2018) About Fiskars Group. [Online] Available from: https://www.wedgwood.co.uk/wedgwood/about-us/. [Accessed: 18th October 2018].

Find out more about Tourism and Events Management at Staffordshire University 

Who run the world? MUMS!

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by Stef Price  (student)

It’s 2018 and the term ‘mumpreneur’ seems to pop up everywhere just lately. But why? And what does it mean?

Well, according to the Oxford Dictionary, a mumpreneur is “a woman who sets up and runs her own business in addition to caring for her young child or children”. But why? It seems like a lot of work on top of the endless list of mum duties!

Is it because us mums want to spend as much time as possible with our little darlings? Is it the getting up 20 kazillion times in the night to return a lost dummy to tiny mouths that has us too tired to get up for the old 9 to 5? Or are we just kick-ass independent women, confident enough to give the finger to corporate fat cats whilst lining our own pockets instead of theirs?

For me, it was all of the above….and then some.

In 2013, at the grand old age of 32, baby #1 came along. I loved being a mum and wanted to spend as much time with him as possible but when he was only 5 months old, it became too much trying to survive on a single poor salary and statutory maternity pay. I reluctantly trundled back to the corporate world to help put food into his little mouth.

Being able to contribute financially again felt great, but the cost, to me, was massive. I missed his first words, the first time he clapped, his first crawl, the first time he pulled himself up to standing, his first steps.…pretty much his first everything. It sucked, but I smiled and cracked on. As you do.

Stef Price Mumpreneur

Stef Price Mumpreneur

Fast forward 3 and a half years and baby #2 rocks up, yay! However, this time I wanted to cling to as many precious moments as possible for as long as possible so I vowed that I would have the full 9 months of maternity entitlement if it killed me! We planned, we saved and we stocked up on nappies to within an inch of our lives to make sure it happened…and it did! And it was amazing!

Getting a bit of help

Getting a bit of help

But something else happened too. I became a shirker! Well, kind of. I didn’t want to not work, I just didn’t want to work for somebody else – I was a shirker of the corporate world. I didn’t want to go back to my old job. I didn’t even want a new job. I just didn’t want a job.

I googled, I pondered and I scratched my head about how I could live the impossible dream of being a ‘stay home mum’ who works around the school run. I had a couple of embarrassing attempts at network marketing, but it didn’t feel right. I didn’t love it and I didn’t feel like I was being me.

I wanted to do something that I love, when it suited me and I wanted people to pay me for it. Is that too much to ask? Probably. Did I do it anyway? Yes!

And so was born Frog Princess, Hand Crafted Gifts.

An outlet for my ever-present creative streak, I began to make and sell hand crafted and personalised gifts. I touted my wares on my personal Facebook page and received a few sales and some positive feedback. It spurred me on and I decided to set up a Facebook group, a Facebook page and more recently, a website and an Instagram page in order to reach more people.

Some of the products available at Frog Princess

Some of the products available at Frog Princess

In the meantime, I’m in my second year of studying for a Bachelors degree in Business Management at Staffordshire University so I don’t have as much time as I would like to spend on my little venture, so for now, it will stay just that. Little.

However, I love what I do and I love the extra bit of money it brings. Most of all, I love that I can do it around family life and around my studies and that I have the flexibility to ramp it up or step back as and when life dictates.

According to Small Business, in 2016, 17% of Millenial mums said they planned on setting up their own business within 12 months. And whatever their reasons for doing so, whether they’re the same or different to my reasons, watch out cos mumpreneurs are taking over the world!

Frog Princess website 

Frog Princess facebook  group

Frog Princess page

Frog Princess on Instagram 

It’s never too late to get an education

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by Justyna Podymna 

Did you ever think about going to University to gain new skills and qualifications? Did you let a lack of confidence and the fear of being a foreign student stop you? I wrote this blog to inspire people and to share my journey.

Justyna Podymna (right) receives her certificate at the celebration

Justyna Podymna (right) receives her certificate at the celebration

The biggest mistake you can make is limiting yourself. My story is similar and started a few years ago. Before I moved to the UK I always wanted to go to University to gain higher qualifications and to get a better job in the future. I wanted to be able to fulfil my dreams and just be happy. I came to the UK in 2007 and for the first few years I was jumping from one job to another but none of them were satisfying.

I decided to fulfil my ambition of gaining higher qualifications and returned to education as a mature student. After researching my nearest universities, I chose Staffordshire University and made an appointment with an International Advisor to find out what options were available to me, both as a mature and an international student.

Why did I choose Staffordshire University? Employability. This was the winning point in my decision. They advised me that their Step Up to HE Course would be beneficial for me to adjust to academic life after such a long time away from education.

The Step-Up course teaches you academic writing skills, research techniques, how to correctly reference and how to get out as much as you can from all available resources. At the end of the course, not only do you have valuable experience and insight, but you are a step ahead of the other students and are able to offer help and support. Furthermore, after completing the course you are awarded with a Foundation Certificate in Higher Education. This is handed out during an awards evening, along with loads of delicious free food and drink to celebrate!

Celebrations for completing the Step Up award

Celebrations for completing the Step Up award

The tutors and the course leader, Ashley, are friendly and approachable. They will help you with all the formal stuff too, like your university application, student finance and your personal statement.

You get loads of support as student. There are well-being counsellors, a student enablement centre and academic skills resources to help with your academic skills! You can access the academic skills resources here.

I’m in my second year now and I’ve realised that the support of another student is really useful and important. Everyone at Staffs is super friendly and you can expect loads of help.

Believe me your future is in your hands and anyone can do it. Don’t limit yourself because of the language barrier. You will learn something new daily. Remember, knowledge is like a tool in your hand and if you use it effectively it will push you to success.

More on Step Up here 

Course details here 

 

Is Live Nation’s market share cause for concern?

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Written by Paul Walters, Lecturer, Staffordshire Business School

The global event industry has grown significantly over the past ten years and in part due to the introduction of Live Nation as a concert touring company. The UK has benefited from their strategic alliances, buyouts and ownership with some of the entertainment products in the UK. The company has grown to become more than live music but a one stop-shop for venue management, artist management, ticketing, concert touring and festival management. Some commentators within the industry have aired their views as to the growth and dominance of Live Nation within the UK. The company was investigated by the Competition Commission regulator on the merger with Ticketmaster. Not the first time Live Nation was investigated by the UK regulator. One can debate if Live Nation has a market share of the UK live music industry that warrants concern. It is difficult to disagree on what Live Nation has brought to the global economy for live events. The company is now in more than 40 different countries developing a similar business module taken from the USA. It is therefore accurate to conclude that Live Nation is the largest live concert touring company in the world.

In an article published in Music Business world 2018, The Association for Independent Festival organiser is considering lodging a complaint to the Competition and Marketing Authority. It is claimed by AIF that Live Nation has 25% control over the UK festival industry.        

https://www.gov.uk/cma-cases/ticketmaster-entertainment-live-nation-inc-merger-inquiry-cc

Association of Independent Festivals

 


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