Will the latest Budget U-turn save Britain’s pubs?
Watering down business rates for pubs alone fails to reflect pressures in the wider hospitality sector
Watering down business rates for pubs alone fails to reflect pressures in the wider hospitality sector

Chancellor says a post-Budget retreat could include extension to other hospitality

Hospitality sector already hit by increases to business rates and wages

Smaller hospitality businesses are angry at unexpected increase in business rates

The chancellor must initiate lasting reforms to raise revenue and cut costs

Discounting risks more damage to margins as sector struggles to emerge from pandemic slump

The government needs more fiscal headroom but must ensure it does no harm