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Burnham announces 20% cut in business rates for pubs, clubs and music venues
The discount will apply to nearly 32,000 hospitality businesses and save a typical pub about £1,100 a year, officials said.
- On Thursday, British Prime Minister Andy Burnham announced a 20% business rates cut for pubs, clubs, and live music venues across England, effective from April next year.
- Burnham pledged to protect "the beating heart of our communities" amid cost-of-living pressures, seeking to build an economy that works for every postcode by supporting local businesses.
- The relief applies to nearly 32,000 hospitality businesses, with a typical pub saving £1,100 annually. Downing Street officials state the scheme is "fully funded," though the £100m cost will be detailed in the Budget.
- To fund the cut, the government will review tax reliefs for businesses deemed not to contribute positively to communities, such as vape shops and non-compliant online marketplaces.
- This announcement follows a £2 bus fare cap and electricity VAT cuts announced earlier this week. Burnham will travel to Scotland to meet First Minister John Swinney and attend the Commonwealth Games.
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Basingstoke Gazette+6 Reposted by 6 other sources
Andy Burnham announces major tax cut for pubs and clubs in boost for high streets
Andy Burnham has announced a 20% business rates cut for thousands of pubs and clubs across England.
·Basingstoke, United Kingdom
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Andy Burnham loses no time. The newly appointed Prime Minister follows a clear agenda and announces new measures every day. Now further reliefs are being offered.
Coverage Details
Total News Sources62
Leaning Left10Leaning Right7Center24Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 24%
C 59%
R 17%
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