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Rachel Reeves is expected to reverse plans to scrap business rate relief for the hospitality industry, extending support to pubs facing rising costs. The Budget had proposed scaling back pandemic-era discounts from 75% to 40%, with no discount from April, prompting industry warnings of widespread closures and claims that one pub has closed every day since Sir Keir Starmer took office. Ministers indicate a U-turn will negotiate an alternative discount rather than fully reinstating former Covid relief. The hospitality sector argues that continued relief is necessary to prevent landlord closures amid escalating bills.
Read at www.independent.co.uk
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