Autumn Budget 2024: Reeves extends rates relief for retail and hospitality Retail Rachel Reeves has extended business rates relief for the UK’s hospitality and retail sectors. In her highly-anticipated Autumn Budget statement today, the Chancellor announced a 40 per cent business rates relief for the industry, which is down from the current 75 per cent rate set to expire on 31 March. The 40 per cent rates [...]
Budget tax grab will put hospitality jobs at risk, trade groups warn hospitality UK business leaders have threatened to scale back on jobs growth and investment if business rates relief is not extended in the upcoming Budget.
Wetherspoons and Pizza Pilgrims bosses call for business rates relief ahead of budget hospitality Hundreds of UK hospitality groups and pubs have called for permanent action on business rates relief ahead of the Autumn Budget. In an open letter to Rachel Reeves, the hospitality bosses called for permanent action with the extension and lowering of business rates relief for the sector. It included 170 signatures from various high street [...]