Reeves’s promise of pub business rates U-turn averts Labour rebellion
Change in England largely welcomed by industry and Labour MPs but represents another climbdown Rachel Reeves has avoided another damaging rebellion against her economic policies with the promise of a U-turn on controversial tax hikes for pubs in England, after weeks of protest from her colleagues and the hospitality industry. Government sources said on Thursday the chancellor was finalising a support package for the struggling industry that would include reductions to business rates for pubs, which had been facing a 76% rise on average over the next three years. Continue reading...
Change likely to be welcomed by pub trade and opposition but will represent yet another government climbdown
Ministers are preparing to U-turn over changes to business rates for pubs after a wave of disquiet from the hospitality industry, the Guardian has been told.
In yet another government climbdown on a contentious policy, details of revisions to the changes to business rates, which were set to particularly affect the hospitality industry, are to be announced in the next few days.
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