STORY
Prime Minister Andy Burnham has announced a 20% cut in business rates bills for pubs, social clubs and live music venues in England from April 2027. The Government said the measure would apply to nearly 32,000 venues and would save the typical pub an estimated £1,100 next year.
The announcement was made with the Treasury and the Department for Business, Innovation, Science and Trade. Ministers said the support package would be worth around £100 million a year.
The Government is also reviewing reliefs for businesses it says do not make a positive contribution to local communities, including vape shops. It has also launched a consultation on online marketplace VAT compliance.