Festival Insights NEWS: 100 UK Festivals at Risk, According to AIF

A recent AIF release says that 21 UK festivals have now announced a postponement, cancellation or complete closure in 2024.

Cotswolds-based Nibley Festival has announced that this year’s event will be its last, soon after Bradford’s Bingley Festival announced that its 2024 edition will not go ahead.

Promoters of both festivals have cited rapidly rising production costs as the reason why running their event is no longer viable.

The timing of this milestone suggests that the number of festival cancellations this year will far outstrip 2023, when a total 36 festivals cancelled before they were due to take place, according to research from the Association of Independent Festivals.

Without intervention, it’s expected that the UK could see over 100 festivals disappear in 2024 due to rising costs.

Without having had a single steady season since the…