BB Code in Labels Not Rendering

Hi, I’ve noticed an issue with labels when using BB Code in the label title.

For example, I have the title set as: [b][color=#FF0000]LIVE[/color][/b]

The label colour itself works correctly, but the BB Code is displayed as text instead of being rendered.

For example, it shows: [b][color=#FF0000]LIVE[/color][/b]

instead of:

LIVE

I’ve also tried it on the default ForumSpark theme, and it does exactly the same thing, so it doesn’t seem to be related to my custom theme or CSS.

The label settings say: The text shown on the label. BB Code is allowed.

So I’m wondering if BB Code is currently not being parsed when labels are displayed, or if there is something else needed to make it work.