BBPA News & Analysis
2 articles
Market Mood
Business Rates Review Planned for Pubs and Hotels in March 2027
A review into business rates for pubs and hotels in England and Wales is being led by Treasury expert Jerry Schurder, with conclusions expected by March 2027. This initiative follows a 20% cut in rates announced last month for pubs and social clubs, effective April 2023. According to the British Beer and Pub Association (BBPA), 161 pubs closed in the first quarter of 2023, resulting in approximately 2,400 job losses. The review aims to create a fairer rates system, which may impact operational costs for pubs and hotels moving forward.
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British pubs close at rate of 2 daily, 161 total in Q1 2026
In the first quarter of 2026, approximately 161 British pubs closed, equating to a loss of around 2,400 jobs, according to the British Beer and Pub Association (BBPA). The closures highlight ongoing challenges in the hospitality sector, with Scotland experiencing the heaviest losses. The UK government has implemented a 15% tax relief for pubs, along with plans for a two-year business rates freeze and increases to the Hospitality Support Fund totaling £10 million. These measures aim to address the sector's financial pressures and mitigate further closures.
Read More: British pubs close at rate of 2 daily, 161 total in Q1 2026