Awakened by the DIY aesthetics of punk, in 1977 Beggars Banquet transitioned from a small chain of independent record shops in West London into a record label. Their first release was a 7” single by The Lurkers called ‘Shadow / Love Story’. In the early 80’s Beggars had hits with Gary Numan and Tubeway Army and have since released music by The Charlatans, The Cult, Luna, The National and St. Vincent.
In 2008, Beggar’s Banquet stopped signing new acts and transitions again, becoming what is now The Beggars Group, an umbrella group of iconic indie record labels. Currently Beggars Group is the largest, most influential independent group of labels in Europe with 4AD, Matador Records, Rough Trade Records, XL Recordings and Young Turks as their core labels.