Commenting on the business rates measures announced for pubs, Rick Jones, Hospitality, Sport and Leisure lead, at PwC UK, said:
“This announcement will be warmly welcomed across the pub sector, which has long been clear that changes to the earlier proposals were essential to help prevent further closures. Pubs play an important role in local communities and provide jobs across the country, yet many have been under significant financial strain due to rising costs. Today’s news is worth celebrating, not least for what it means for preserving the British pub and keeping it firmly away from the last‑chance saloon.
“Hotels, restaurants and coffee shops have also seen significant increases in their rates. As the new package does not apply to these parts of the hospitality sector, it is likely to leave them with a bittersweet outcome.”
Ends
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