Major concert venues such as London's O2 and Co-op Live are set to face skyrocketing property taxes, potentially more than doubling their bills over the next three years.

An analysis of official government data conducted for the Press Association has revealed a sharp rise in the valuations of these venues across England and Wales .

Global tax firm Ryan used Valuation Office Agency (VOA) data to calculate that rateable values have soared by up to 300%, leading to significantly higher tax bills.

Among the hardest hit is London's O2 arena, which has played host to international stars like Usher, Lady Gaga, and Billie Eilish this year. Its property tax bill is projected to increase by nearly £2 million in 2026-27.

Other venues such as Manchester's Co-op Live, Manchester Arena, and Ovo

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