Sadiq Khan set to rake in £1million from London pubs amid business rates raid

Sadiq Khan set to rake in £1million from London pubs amid business rates raid

Sadiq Khan’s office stands to receive an additional £916,000 from London’s pubs, clubs and bars following Labour’s business rates revaluation, which takes effect in April.The increase comes as hospitality venues across the capital continue to pay the Crossrail levy — a 2p charge applied to a property’s rateable value to help fund the Elizabeth Line. More than a third of business rates collected in London flow directly to the Greater London Autho…