Essex Pubs and Bars Say Andy Burnham's Business Rates Cuts Are 'Not Enough'
The Manx government says the change could save nearly 32,000 venues about £1,100 a year as it reviews possible effects on the Island.
- Earlier this week, the Isle of Man government confirmed it is monitoring Prime Minister Andy Burnham's announcement of a 20 per cent business rates reduction for England's pubs and live music venues, effective from April 2027.
- This new 20 per cent discount supplements an existing 15 per cent relief, with the Government projecting it will save the typical pub an estimated £1,100 in the next financial year across nearly 32,000 venues.
- While noting that the Island's economic conditions and rating systems differ from the UK, the Manx government stated it will continue to assess potential implications of the UK developments as proposals progress.
- Hospitality operators remain skeptical, with landlord Tom West warning that relief fails to address the cumulative effect of soaring employer National Insurance and National Living Wage increases on businesses.
- The Department for Enterprise is one year into delivering its long-term Local Economy Strategy, supported by an initial £2.4 million of funding to help the Island's retail, hospitality, and leisure sectors invest in their premises.
13 Articles
13 Articles
Lanarkshire MP calls for support for local pubs, clubs and live music venues
The MPs say businesses in their local constituencies should not miss out on support that has generated consequential funding for the Scottish Government’s budget, warning that Scotland’s hospitality sector has fallen around £200 million behind England in state support while pubs continue to close at an alarming rate.
The Echo UK
Essex pubs and bars say Andy Burnham's business rates cuts are 'not enough'
Hospitality businesses say a new business rates cut is ‘not enough’ to ease the pressure of rising pub costs.
Rushcliffe pubs and community venues to benefit from new business rates cut
Pubs, clubs and live music venues across Rushcliffe are set to benefit from a new 20% cut to business rates. The government estimates that the measures will save the typical pub around £1,100 a year, helping to protect local jobs and to support the future of valued venues. The announcement builds on existing support for […]
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