Overview
- Government valuation data show 5,100 pubs have at least doubled in rateable value, with an average pub increase of about 32% and roughly 15% seeing declines.
- New valuations based on 2024 trading evidence take effect in April, intersecting with a Budget that cut the rates multiplier, phases out Covid-era discounts, and offers £4.3bn of transitional relief through 2029.
- Ministers say a pub-specific support package is being developed, though the size and scope have not been confirmed.
- The Treasury has ruled out extending business rates relief to restaurants, hotels or retail, reinforcing a narrow focus on pubs.
- Andy Burnham urged a rebalancing of business and property taxes and suggested higher taxes on online retailers, while industry groups warned of steep multi‑year bill rises and possible venue closures.