Account

The Actual News

Just the Facts, from multiple news sources.

Starmer urged to rethink business rate reforms to save pubs

Starmer urged to rethink business rate reforms to save pubs

Summary

Labour MPs are urging Sir Keir Starmer to reconsider plans to change business rates to help pubs and hospitality businesses. The industry fears many pubs could close when reduced business rate relief ends in April. The government is in talks with the sector but has not yet detailed specific measures to address concerns.

Key Facts

  • Sir Keir Starmer is being asked to review planned business rate changes to support pubs and hospitality businesses.
  • Business rate relief discounts will drop from 75% to 40% and will end in April.
  • The Treasury has adjusted the rateable values for commercial properties, which might result in higher bills.
  • Labour MP Rachael Maskell highlighted concerns about significant business rate increases in York.
  • Chancellor Rachel Reeves previously reduced business rate relief in her November Budget.
  • The government says it is in discussions with the industry but hasn't provided specific solutions.
  • Some MPs suggest delaying reforms for a year or increasing the rates relief level.
  • The British Beer and Pub Association requested a "pub-specific" business rates relief to prevent closures and job losses.

Source Information