Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of reviewing the use of turnover-based evaluations for pubs for business rates purpose to include (a) operating costs and (b) seasonal and weather-dependent trading patterns.

The Government committed in January 2026 to review the methodologies used to value pubs and hotels for business rates, following concerns raised by ratepayers and representative bodies around the 2026 revaluation.

Since then, officials have been progressing work to establish the review and engaging with stakeholders across the pubs and hotels sectors.

The review is considering whether current approaches to valuation accurately reflect the market, are applied consistently, and are sufficiently transparent to ratepayers. This includes consideration of the evidence underpinning the valuation methodology for Pubs and Hotels.

The Government intends for the review to conclude to allow any findings to inform the next revaluation cycle.