The UK government has unveiled a support package for pubs, including a 15% cut to new business rates bills from April, followed by a two-year real-terms freeze. Pubs will also face a review of their business rates valuation method. The package aims to address challenges such as declining numbers and rising costs, with the average pub saving an additional £1,650 in 2026/27. A High Streets Strategy will be published later this year to boost retail, leisure, and hospitality sectors. Licensing reforms allow pubs to stay open late for Home Nations’ World Cup matches, with extended hours for quarter finals and semi-finals. The government will also consult on planning reforms to ease expansion for pubs. A £10 million funding boost for the Hospitality Support Fund over three years will aid community projects and job creation. Business rates reforms, including a permanent 5p multiplier cut for hospitality properties, form part of a broader £4.3 billion support package announced earlier.
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https://www.gov.uk/government/news/government-announces-support-package-that-backs-british-pubs
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