Business Rates Cut Offers Hope For Pubs, But Insolvency Pressures Remain High
While pubs, clubs and music venues across England are set to benefit from a 20 per cent cut in business rates from April 2027, with…
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Business Rates
Welsh Government Brings In £8 Million Of Business Rates Support To 4,400 Hospitality Businesses
The Welsh Government has announced this week an £8 million additional support package for approximately 4,400 hospitality businesses under the ‘Non-Domestic Rates – Food and…
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Calling Last Orders On Pubs’ Business Rates Problems
By Chris Grose, Rating Director at Hartnell Taylor Cook (https://htc.uk.com) If the government were hoping that the business rates changes in last year’s budget would…
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Business Rates Relief Still Leaves Pubs Facing a 52% Cost Shock
New analysis from The Oxford Partnership reveals that the government’s latest business rates discount will still leave the average public house facing a near 52%…
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Finance Minister Halts Business Rates Revaluation Following Industry Pressure
Northern Ireland’s Finance Minister has abandoned plans for a business rates revaluation following widespread opposition from the hospitality industry, which warned the changes could force…
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Emergency Business Rates Support Cuts Average Pub Tax Bill By £12,500 Over Three Years, With Bills Now Held Flat After Revaluation
The government’s emergency business rates support for pubs will cut the bill for an average pub by more than £12,500 over the three years of…
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Hospitality Sector Unites In Call For 40% Business Rates Support
Hospitality trade groups have united in a call for a reduction in business rates ahead of next week’s Scottish budget, highlighting the huge disparity in…
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Editor’s Viewpoint: The Budget – When the Medicine is Worse Than The Cure
By Peter Adams, Editor, CLH News. Industry leaders have called Chancellor Rachel Reeves’ autumn budget a “hammer blow” to hospitality, and they are absolutely right….
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Eye Watering 10.2% Increase In Business Rates Bills Now Landed On UK PLC
John Webber Head of Business Rates at Colliers commented, “The Chancellor’s announcements today concerning business rates constitute a dismal day for UK PLC and the…
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Sector Welcomes Shadow Chancellor’s Pledge To Abolish Business Rates
UKHospitality has welcomed a policy announcement by shadow chancellor Mel Stride to abolish business rates for pubs and shops. The shadow chancellor made the pledge…
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Business Rates “Double Hit” Set To Cost £2.5Bn
Businesses in England are set to face an “unavoidable double hit” to property tax payments in the next financial year, which will see total payments…
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Bank Of England Keeps Interest Rates At 4.25% But Possible Cuts To Come
The Bank of England has left interest rates on hold at 4.25%, but has indicated that cuts in the cost of borrowing may follow later…
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Business Rates Relief Extension Much-Needed For Welsh Hospitality
UKHospitality Cymru has said the extension of business rates relief was crucial to support hospitality businesses. In the draft Welsh Budget published December 10, the…
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Business Rates Relief Positive, But Major Employers Left Unsupported
The Scottish Government announced that it will introduce 40% business rates relief for hospitality businesses paying the Basic Property Rate. This means businesses with a…
Read more...Scottish Hospitality Set To Pay Up To 70% More In Business Rates Than England
New analysis from UKHospitality Scotland reveals that Scottish hospitality businesses will be significantly worse off than their English counterparts, if the Scottish Government doesn’t act…
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