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Rachel Reeves is reportedly set to hand UK pubs a £300m bailout package to help fight off bankruptcies within the sector, however embattled restaurants and hotels are set to miss out, according to The Times.
Reports suggest the chancellor could make the announcement as soon as later today (Tuesday 27 January) with the Treasury focused on implementing help from as early as this April.
The funding comes as the sector faces mounting pressure from rocketing business rates costs with pubs mooted to receive around £100m a year until another review of property valuations and business rates levels is set to be held in 2029.
While the support offers a vital lifeline for the pub sector, the announcement could lead to renewed calls for similar support for restaurants and hotels which are also facing similar rates increases.
Earlier this month UKH warned that more than 2,000 hospitality venues could close over the coming year unless the government introduced sector-wide relief on business rates.
The trade body said modelling suggests 2,076 closures in 2026, equivalent to around six venues a day, driven by sharp increases in business rates due to take effect in April. The forecast includes 963 restaurants, 574 hotels and 540 pubs.
UKH said the rises would place additional pressure on businesses already facing higher wage costs, national insurance contributions, energy bills and other operating expenses.
The analysis shows the average hotel is expected to see its business rates bill rise by £28,900 next year, with a cumulative increase of £205,200 over three years – a rise of 115%.
Meanwhile, the average pub is forecast to face a 15% increase next year, adding £1,400, rising to a 76% increase over three years, equivalent to £12,900.
In light of this, UKH is calling on the government to increase the business rates discount for hospitality properties from 5p to 20p, the maximum allowed under existing legislation.
Rachel Reeves is reportedly set to hand UK pubs a £300m bailout package to help fight off bankruptcies within the sector, however embattled restaurants and hotels are set to miss out, according to The Times.
Reports suggest the chancellor could make the announcement as soon as later today (Tuesday 27 January) with the Treasury focused on implementing help from as early as this April.
The funding comes as the sector faces mounting pressure from rocketing business rates costs with pubs mooted to receive around £100m a year until another review of property valuations and business rates levels is set to be held in 2029.
While the support offers a vital lifeline for the pub sector, the announcement could lead to renewed calls for similar support for restaurants and hotels which are also facing similar rates increases.
Earlier this month UKH warned that more than 2,000 hospitality venues could close over the coming year unless the government introduced sector-wide relief on business rates.
The trade body said modelling suggests 2,076 closures in 2026, equivalent to around six venues a day, driven by sharp increases in business rates due to take effect in April. The forecast includes 963 restaurants, 574 hotels and 540 pubs.
UKH said the rises would place additional pressure on businesses already facing higher wage costs, national insurance contributions, energy bills and other operating expenses.
The analysis shows the average hotel is expected to see its business rates bill rise by £28,900 next year, with a cumulative increase of £205,200 over three years – a rise of 115%.
Meanwhile, the average pub is forecast to face a 15% increase next year, adding £1,400, rising to a 76% increase over three years, equivalent to £12,900.
In light of this, UKH is calling on the government to increase the business rates discount for hospitality properties from 5p to 20p, the maximum allowed under existing legislation.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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