08-01-2026, 14:38
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#2420
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cf.mega poster
Join Date: Dec 2013
Posts: 15,467
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Re: Starmer’s chronicles
U-turn alert!
Quote:
U-turn over business rates hike for pubs expected in coming days, Sky News understands
Sky News deputy political editor Sam Coates has been looking into the potential risk to the hospitality sector with upcoming business rate hikes.
A variety of factors, including revaluations and the ending of COVID-era support, means hospitality venues are seeing their bills potentially set to rise by more than a 100% in the coming years.
Sam has now heard that a rescue package that could help with this is coming in the next few days - but only for pubs.
This leaves others, like hotels, potentially exposed to the uplifts.
As Sam mentioned on this morning's Politics at Sam and Anne's, it poses a big political headache for the prime minister and the chancellor.
It comes as Sam revealed earlier this week that there was "ongoing cabinet-level opposition" to the hike.
"Rachel Reeves' colleagues are not happy about it," he said.
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https://news.sky.com/story/politics-...-nato-12593360
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