Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will consider reducing the multiplier for pubs to 20p below the standard multiplier.
Three-quarters of pubs will see bills flat or falling in April. The new relief is worth £1,650 for the average pub next year. As a sector pubs will pay 8% less in business rates in 2029 than they do right now.
The Government will also launch a review on how pubs are valued for business rates.