Fri, 28 Nov 2025

Fri, 28 Nov 2025 'Business rates changes will cost me £62,000'

Pub bosses have warned they face a sharp rise in business rates bills despite government support.

* Business rates will rise by £62,000 per year for Phil Thorley's pub chain.
* The government claims it is saving most "typical independent pubs" £4,800 per year with its changes, but analysis suggests business rates bills will increase by: + 42% for small shops + 45% for restaurants + 66% for pubs
* A firm's rateable value has increased for many businesses, and the phasing out of a Covid-era 40% discount from April will result in higher bills.
* The average business rates bill will increase by £62,000 per year for small pub chains like Thorley Taverns.
* Many firms are warning that the changes will lead to: + More closures + Fewer jobs + Lower growth
* Treasury spokesperson claims that a £4.3bn package of support is being provided to limit business rates bills.
* Business owners and associations are calling for further action, including: + Reducing VAT rates for the sector + Changing course on the business rates changes
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