It has been announced that pubs across the UK could benefit from a reduction of business rates by £1,000.
This is in addition to the plan to slash the bills of small shops by 50%.
Echoing the government’s support for communities across the country, the Chancellor of the Exchequer, Savid Javid, confirmed that the new Pubs Relief would be introduced. Approximately 18,000 pubs are expected to benefit – with many pubs in Lytham-St-Annes expected to qualify.
A Government Minister, Luke Hall stated: ‘Pubs are front and centre of communities around the country, the key to thousands of jobs and providing a meeting point for local residents to get together and enjoy a pint.
Today’s business rates cut continues our firm commitment to support pub owners, helping to keep the pints pouring and the locals happy.’