DEVELOPING: Government Cracks Down on Resale Price Gouging

Breaking News: Government Cracks Down on Resale Price Gouging The UK government is set to announce a ban on reselling tickets above face value, a move aimed at tackling touts and resale sites that offer tickets at inflated prices. The decision, expected to be made public on Wednesday, follows a consultation on capping costs at up to 30% above face value. The ban will likely restrict ticket resellers from charging more than the original ticket price, although some fees may still be charged on top of the original price. This move is expected to have an immediate impact on fans who have been priced out of attending live events due to extortionate resale prices. The government's decision comes after dozens of artists, including Sam Fender, Dua Lipa, and Coldplay, urged Prime Minister Sir Keir Starmer to protect fans from exploitation. The artists signed an open letter last week, highlighting the issue of resale price gouging. The government has declined to comment on the reports, but the move is seen as a significant step towards addressing the issue of ticket touts. The exact details of the ban and its implementation are still unclear, but fans can expect changes to the way tickets are sold and resold in the coming weeks. This is a developing story, and we will provide updates as more information becomes available.