BusinessPostCorner.com
No Result
View All Result
Sunday, February 8, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Keir Starmer urged to rethink business rate reform to save pubs

January 8, 2026
in Business
Reading Time: 6 mins read
A A
0
Keir Starmer urged to rethink business rate reform to save pubs
ShareShareShareShareShare

Brian Wheeler,Political reporterand

Iain Watson,Political correspondent

House of Commons Sir Keir Starmer standing and speaking at Prime Minister's Question time in the House of Commons today House of Commons

Labour MPs are calling on Sir Keir Starmer to rethink planned changes to business rates to protect pubs and other hospitality businesses.

The pub industry is warning of widespread closures when Covid-era business rate relief comes to an end in April.

At Prime Minister’s Questions, Rachael Maskell, the Labour MP for York Central, called on Sir Keir to urgently review the proposals to help “avert a crisis” on the High Street.

The PM said the government was in talks with the industry to see what “what further support and action we can take”.

In her November Budget, Chancellor Rachel Reeves scaled back business rate discounts that have been in force since the pandemic from 75% to 40% – and announced that there would be no discount at all from April.

The government has offered some relief by reducing the “multiplier” used to calculate business rates.

But at the same time the Treasury has readjusted the rateable values of commercial property, meaning some businesses will be faced with bigger bills overall.

At PMQs, Maskell said: “Having met with many independent business owners, they fear the cumulative impact of the rateable value revision and relief reductions.

“In York, hospitality sees an average business rate rise of 41%, a music venue 44.4% and many independent shops increase around 27%.

“It will mean doors closing and trade ceasing, they just can’t do it.

“So could the prime minister urgently review the business rate proposals, and will he ensure a minister or official attends my business rate summit at the end of January, as I want to avert a crisis on York’s High Street.”

Sir Keir said talks were ongoing with the hospitality industry, without giving details about what measures were being discussed.

The PM’s spokesman also refused to give a “running commentary” and said the hospitality industry had been given a £4.3bn support package over three years in the Budget.

But some Labour MPs have told the BBC they are optimistic further relief will avoid the kind of protests seen over plans to tax inherited farm land, which eventually led to a partial U-turn.

They point to the willingness of Treasury ministers to meet the pub trade and critical Labour MPs.

Not all MPs are asking for the same thing from ministers, with some calling for a year-long delay to the reforms, while others expect the level of rates relief to be increased.

But there is a widespread view that changes of some kind will need to be made.

House of Commons Rachael Maskell in the House of CommonsHouse of Commons

Rachael Maskell raised the issue during Prime Minister’s Questions

Ash Corbett-Collins, chairman of The Campaign for Real Ale (CAMRA) said: “Instead of months of uncertainty and the prospect of thousands of otherwise viable pubs having to close their doors for good, the prime minister and chancellor should give in to pressure, accept the inevitable and announce a rethink now.

“Whether through cock-up or conspiracy the government’s promise of permanently lower business rates for pubs hasn’t happened.

“Instead, publicans are facing higher bills from April, which they simply can’t afford.”

On Tuesday, Treasury minister Dan Tomlinson met representatives from the British Beer and Pub Association to discuss possible relief measures and further talks are expected.

In December, the association wrote to the government to ask for 30% “pub-specific business rates relief to prevent widespread closures and protect approximately 15,000 jobs”.

Conservative leader Kemi Badenoch has vowed in the Daily Telegraph to scrap business rates for thousands of British pubs if she wins the next election, accusing the government of treating them “like cash cows to milk”.

At their party conference in October, the Conservatives announced proposals to scrap business rates for High Street businesses, which would include pubs.

The policy would effectively expand an existing 40% discount on bills for hospitality firms, capped at £110,000 a year, to 100%.

The party estimates it would cost the Treasury around £4bn a year by 2029, which they say could be covered by cuts to the welfare bill and reducing the size of the civil service.

Badenoch also claims that Conservative plans to scrap green energy subsidies would save the average pub £1,000 a year in energy costs.

Credit: Source link

ShareTweetSendPinShare
Previous Post

IWF finds sexual imagery of children which ‘appears to have been’ made by Grok

Next Post

Saks Global’s near bankruptcy is the result of risky dealmaking—and a neglect of business basics

Next Post
Saks Global’s near bankruptcy is the result of risky dealmaking—and a neglect of business basics

Saks Global's near bankruptcy is the result of risky dealmaking—and a neglect of business basics

Strategy Posts .4B Loss as Bitcoin Falls Below Cost Basis

Strategy Posts $12.4B Loss as Bitcoin Falls Below Cost Basis

February 6, 2026
The AI adoption gap is real, and widening

The AI adoption gap is real, and widening

February 2, 2026
Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

February 5, 2026
IRS uses Inflation Reduction Act funding to stay open during shutdown

IRS uses Inflation Reduction Act funding to stay open during shutdown

February 2, 2026
I went from Wall Street to content creation: Here’s my journey

I went from Wall Street to content creation: Here’s my journey

February 2, 2026
EU has 'open mind' on UK customs union debate, says commissioner

EU has 'open mind' on UK customs union debate, says commissioner

February 3, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Russian officials are warning Putin that a financial crisis could arrive this summer, report says

Russian officials are warning Putin that a financial crisis could arrive this summer, report says

February 8, 2026
Morgan McSweeney resigns as Downing Street chief of staff

Morgan McSweeney resigns as Downing Street chief of staff

February 8, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!