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Hospitality Warns of Mass Closures as April Business Rates Revaluation Nears

Ministers face pressure to widen support beyond pubs after official data showed 520 permanent pub closures in 18 months.

Overview

  • UK Hospitality projects 2,076 venue closures in 2026 without broader relief, equivalent to roughly six shutdowns a day.
  • Hotels are forecast to be hit hardest, with average business rates up £28,900 this year and a three‑year increase of £205,200, a 115% jump.
  • The April 1 increases stem from new property valuations and the removal of Covid‑era discounts confirmed in the November Budget.
  • The Government has a £4.3bn fund for pubs in place, and further measures for the wider sector are reported to be under consideration within days.
  • Industry groups urge extending relief to restaurants, hotels and B&Bs and raising the discount to 20p, citing mounting cost pressures across the sector.