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Rachel Reeves to announce £300m bailout for pubs
The £300 million package includes a 15% reduction in business rates for pubs and music venues from April, providing around £100 million annually until 2029, Treasury says.
- Chancellor Rachel Reeves is set to announce a £300 million bailout for pubs, providing around £100 million annually until 2029.
- The support aims to mitigate the impact of tax changes that pubs warned could lead to closures, job losses, and price hikes.
- However, other hospitality businesses like restaurants and hotels are expected to miss out on this support despite facing similar challenges.
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21 Articles
21 Articles
Labour finally confirms long-awaited support package for pubs as sector continues to struggle
Labour has finally confirmed a support package of business rate relief for pubs, as the hospitality industry weathers a storm of rising operating costs and declining footfall.From April, pubs will have their bills frozen for two years.The long‑anticipated announcement has sparked backlash from live music venues and hotels, which say the wider hospitality sector faces the same pressures as pubs.The package includes the relaxing of licensing rules…
·London, United Kingdom
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Total News Sources21
Leaning Left5Leaning Right4Center4Last UpdatedBias Distribution38% Left
Bias Distribution
- 38% of the sources lean Left
38% Left
L 38%
C 31%
R 31%
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