Pubs and restaurants warn of closures if taxes rise and business rates relief ends

Pubs and restaurants warn of closures if taxes rise and business rates relief ends

Hospitality industry, Autumn budget 2024, Rachel Reeves, Tax and spending, Business, Labour, Tax, Pubs, Politics, UK news, Beer, Consumer spending Business | The Guardian

​Joint statement by lobby groups calls on chancellor to make Covid-era rates relief for hospitality permanentReeves could make it easier for pubs to sell beers from local breweriesThe Guardian view on ‘indie beer’: crafting a new identityCorporate takeover of ‘craft beer’ leaves nasty taste in the mouthPubs and restaurants are warning of closures and a tough Christmas ahead if Rachel Reeves’s budget this week raises taxes and ends a Covid-era relief on business rates.Reeves is expected to reveal a tax-raising budget on Wednesday, to pay for improved public services, with Labour sources indicating the government is intending to raise taxes and cut spending by a combined £40bn. Businesses across the economy are bracing for higher taxes, which could dent consumer spending. Continue reading… 

Joint statement by lobby groups calls on chancellor to make Covid-era rates relief for hospitality permanent

Reeves could make it easier for pubs to sell beers from local breweriesThe Guardian view on ‘indie beer’: crafting a new identityCorporate takeover of ‘craft beer’ leaves nasty taste in the mouth

Pubs and restaurants are warning of closures and a tough Christmas ahead if Rachel Reeves’s budget this week raises taxes and ends a Covid-era relief on business rates.

Reeves is expected to reveal a tax-raising budget on Wednesday, to pay for improved public services, with Labour sources indicating the government is intending to raise taxes and cut spending by a combined £40bn. Businesses across the economy are bracing for higher taxes, which could dent consumer spending.

Continue reading… 

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