A survey of pubs, breweries and hospitality businesses has revealed that jobs and investment plans would be threatened if business rates relief expires in April, causing bills to quadruple.
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A joint survey by UKHospitality, the British Beer and Pub Association, British Institute of Innkeeping and Hospitality Ulster has revealed the cost pressures facing venues compared to 2023.
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More than a third of the UK’s hospitality sector faces closure in 2023 due to the ‘cost of business crisis’.
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UK Hospitality (UKH) and the British Institute of Innkeeping (BII) have called on government to introduce business rates reform after estimating that the sector overpays by £2.4bn each year.
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