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Essex Pubs and Bars Say Andy Burnham's Business Rates Cuts Are 'Not Enough'
The Manx government says the change could save nearly 32,000 venues about £1,100 a year as it reviews possible effects on the Island.
- On Tuesday, the Isle of Man government confirmed it is monitoring Prime Minister Andy Burnham's announcement of a 20 per cent business rates reduction for England's pubs and live music venues, effective April 2027.
- This new 20 per cent discount supplements an existing 15 per cent relief, with the Government projecting it will save the typical pub an estimated £1,100 in the next financial year supporting nearly 32,000 venues.
- While noting that the Island's economic conditions and rating systems differ from the UK, the Manx government stated it will continue to assess potential implications of the UK developments as proposals progress.
- Hospitality operators remain skeptical, with landlord Tom West warning that relief fails to address the cumulative effect of soaring increases in employer National Insurance and the National Living Wage.
- One year into delivering its long-term Local Economy Strategy, the Department for Enterprise continues supporting the Island's retail, hospitality, and leisure sectors with an initial £2.4 million of funding.
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Essex pubs and bars say Andy Burnham's business rates cuts are 'not enough'
Hospitality businesses say a new business rates cut is ‘not enough’ to ease the pressure of rising pub costs.
·Basildon, United Kingdom
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Rushcliffe pubs and community venues to benefit from new business rates cut
Pubs, clubs and live music venues across Rushcliffe are set to benefit from a new 20% cut to business rates. The government estimates that the measures will save the typical pub around £1,100 a year, helping to protect local jobs and to support the future of valued venues. The announcement builds on existing support for […]
Cutting Business rates for struggling sectors
Pubs and venues across Newcastle Ceentrla and West too often tell me they struggle to keep their doors open due to rising costs. We’ve seen so many disappear from our high streets. That is why we’re is stepping in, and cutting their business rates from April 2027.
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