Reeves’s promise of pub business rates U-turn averts Labour rebellion

Change in England likely to be welcomed by pub trade and opposition but will represent another climbdownUK politics live – latest updatesBusiness live – latest updatesRachel 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...