Latest reliefs show business rates “at tipping point”
Responding to the announcement of additional business rates support for pubs and music venues, Helen Dickinson, chief executive at the BRC, said: “The government recognises the rates system is not fit for purpose and promised to replace it in their manifesto. The Treasury is right to introduce short-term relief for those hit hardest by the rates rises, but this should be targeted at all those on the high street whose bills will see the biggest rises, whether they are pubs, shops or cafes. If rates rises are left unchecked, it will lead to fewer shops and fewer jobs right at the heart of our communities.
“Today’s announcement shows there is more to be done on rates reform and government must honour the promise of root-and-branch reform they made to the electorate at the 2024 election. Business rates have been increasing every year and we are now at tipping point. At £27bn in England alone, it is breaking the backs of businesses everywhere and must be brought down.”