Government Launches Review of Pub and Hotel Business Rates in England and Wales

The Treasury has appointed business-rates specialist Jerry Schurder to lead an independent review of how rates are valued for pubs and hotels. The review will examine the current “Fair Maintainable Trade” methodology and is slated to report back by March 2027, feeding into the next nationwide revaluation scheduled for 2029. The government has also signalled that broader reforms, including adjustments to small-business rates relief, will be considered at John Healey’s first budget on 28 October.

BBC News

Last month, Andy Burnham announced a 20 % cut to business rates for pubs, social clubs and live-music venues in England, taking effect in April. The hospitality sector has been hit by the end of pandemic-era relief, rising energy and food costs, and higher National Insurance and minimum-wage bills. The British Beer and Pub Association (BBPA) reports that 161 pubs closed in the first three months of the year across England, Scotland and Wales, eliminating roughly 2,400 jobs. Estimates cited by the Guardian suggest that two pubs close each day nationwide, underscoring the cumulative strain.

The Guardian

Allen Simpson, chief executive of UKHospitality, welcomed the focus on valuation methodology, describing business rates as a “significant burden” that must reflect the trading realities of hospitality venues.

The Guardian

• “For years pubs have paid a disproportionately higher business rates bill which has ground down their ability to keep the doors open, so this review is sorely needed and hugely welcome.” — The BBPA

BBC News

• “Pubs and hotels are vital for communities and bringing growth to every postcode,” — James Murray, financial secretary to the Treasury

The Guardian