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England to cut business rates for pubs, clubs and live music venues by 20%

The plan is expected to save a typical pub about £1,100 in the next financial year and will cost £100m, according to the government.

Reported · Written up by our desk · Trade & Tariffs

Business rates will be cut by 20% for pubs, clubs and live music venues across England from next April under a plan announced by the UK government, aimed at reducing operating costs for hospitality businesses.

The government said the package is fully funded and is part of a broader cost of living push following the start of Prime Minister Andy Burnham's administration, including claims that funding will come through reviewing reliefs for businesses deemed not to make a positive contribution to communities.

The measure is set to benefit nearly 32,000 hospitality businesses, with the typical pub expected to save about £1,100 in the next financial year, and the support is targeted so the very largest live music venues are not included.

According to the outlet, the rates cut follows earlier policy from Rachel Reeves, including a 15% business rate relief for pubs and live music venues announced earlier this year as pandemic-era reliefs ended and new revaluations took effect. The plan is also described as building on previous steps to freeze bills in real terms for two more years.

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