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Business Rates

  • Pub bosses in joint call for ‘urgent’ tax reform

    July 14, 2025

    Pub bosses have called for urgent reform of the business rates system, arguing that the levy places unfair pressure on hospitality venues at a time of rising costs across the board. Greene King boss Nick Mackenzie said that business rates should be “fundamentally reformed” so that the tax – which applies to all commercial venues [...]

  • One pub to close every day in 2025, new data reveals

    July 10, 2025

    Small pubs are being forced to close in the face of unsustainable costs pressures, according to new data. The British Beer and Pub Association (BBPA) has estimated that 378 pubs will close this year across England, Wales and Scotland, amounting to more than 5,600 job losses.  The industry body pointed to the heavy pressure of [...]

  • Biggest manufacturers expected to pay £685m more in tax

    June 30, 2025

    Manufacturers across the UK will have to cough up £685m more in new property taxes next year, new research has suggested, adding costs to several businesses which are struggling to boost output and already cutting back on headcounts.  The government last week said it was ready to address high electricity prices for up to 7,000 [...]

  • Thwaites ‘extremely nervous’ Rachel Reeves will raise taxes in Autumn Budget

    June 17, 2025

    Beer brewer Thwaites is “extremely nervous” about the possibility of Chancellor Rachel Reeves raising taxes further in her Autumn Budget. The Lancashire-headquartered group, which also owns pubs and hotels, added its industry is “under tremendous pressure” from Reeves’ first Autumn Budget due to the increases in the National Minimum Wage and the employer’s National Insurance [...]

  • Business rates to hammer the West End: ‘This whole policy is nuts’

    June 16, 2025

    A rise in business rates for more expensive properties is set to hammer valuable areas like London’s West End, a leading investment firm has warned. The policy, which aims to bring down business rates for small properties by raising them for large properties, has been slammed as “unlikely to save the high street” and likely [...]

  • Reeves’ tax hikes force Timothy Taylor to raise price of a pint

    June 13, 2025

    Chancellor Rachel Reeves’ tax hikes have forced brewer Timothy Taylor to raise its prices as it slammed the “hostile fiscal and regulatory environment” it now faces. The family-owned brewer said its industry is facing “significant input and labour cost increases” as well as dealing with the fall in business rates relief. Timothy Taylor added that it [...]

  • ‘A tax burden without precedent in the 21st Century’: Pub chain McMullen’s blasts government tax hikes

    June 6, 2025

    One of Britain’s biggest pub chains has taken aim at the government’s “damaging” tax hikes, warning they will lead to lower demand and investment and have forced the hospitality sector to “bear the brunt” of rises in government spending. Hertford-based McMullen’s, which operates around 120 pubs in London and the home counties, including the Old [...]

  • Greene King: Pub giant calls for ‘urgent help’ after losing £150m

    May 19, 2025

    Pub giant Greene King has issued an urgent plea to the government for help after slumping to a near-£150m loss in 2024. The Suffolk-headquartered group fell to a pre-tax loss of £147.1m during its latest financial year, having posted a profit of £45.2m in 2023. Greene King, which operates around 2,600 pubs, restaurants and hotels across England, [...]

  • Government urged to prioritise high streets or risk losing seats to Reform

    May 19, 2025

    A retail lobby group has warned that job losses in the sector could overwhelmingly affect areas at risk of turning from Labour to Reform. The Retail Jobs Alliance (RJA), made up big names like ASDA, Primark, Sainsbury’s and Tesco, found that retail is a major driver of local employment in areas where Reform made significant [...]

  • Wetherspoon, Marston’s and Young’s manage to fend off UK pubs crisis – for now

    May 13, 2025

    Some of the UK’s biggest pub chains – JD Wetherspoon, Marston’s and Young’s – have all proved surprisingly resilient in avoiding the hospitality crisis predicted last Autumn. The London-listed companies have all reported better-than-expected trading over the last year, despite very low business and consumer confidence. In an update to markets this morning, Marston’s reported [...]

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