Small venues face £318m rise in business rates by 2029, UKH warns

Small venues face £318m rise in business rates by 2029, UKH warns

Small hospitality venues face a £318m rise in business rates over the next three years, according to analysis from UKHospitality, which says the increases will outweigh more than half of the £634m typically spent each year on Small Business Saturday (6 December). The organisation said properties with a rateable value below £51k are set for sharp increases in the coming period. It forecasts rises of £38.6m in 2026/27, £110.6m in 2027/28 and £168.…