Pubs and live music venues to get support after business rates backlash

Fears of closures and job losses prompt temporary rates cap in England and Wales, with review for hotels sectorPubs voice fury at Reeves’s business rates changesBusiness live – latest updatesThe Treasury has unveiled a support package worth tens of millions of pounds for pubs and live music venues in England and Wales, in a climbdown that follows a fierce backlash against plans to overhaul business rates.Trade bodies had warned that Rachel Reeves’s changes to business rates, announced at the chancellor’s November budget, would trigger widespread closures and job losses in the hospitality sector, particularly in pubs. Continue reading...