Business rates are a major cost to pubs, who pay a disproportionate amount compared to other sectors. In April 2017 there was a revaluation of rates across the UK, with many pubs seeing further significant increases. We believe major reform is required and until that point additional relief should be given specifically for pubs.
14 December 2018
Analysis by the British Beer & Pub Association (BBPA) suggests that almost 2,000 pubs in Wales will benefit from the Welsh Government’s decision to further invest in and extend the high street rates relief scheme in 2019-2020. The move will see each high street business receive a £2,500 cut to their rates next year. The analysis by the BBPA also found that the rates relief for pubs on the high street will be worth £4 million in total, with 500 pubs being taken out of business rates altogether. Commenting on the new high street relief scheme in Wales, Brigid Simmonds, Chief Executive of the British Beer & Pub Association, said: “As a judge of this year’s Great British High Street’s competition, I had the pleasure to visit finalists in both Holywell and Cowbridge; both great examples of what good local partnerships can achieve, but there is so much more that we can do. The high street is an important part of any town or city. Of course, pubs are the heart of the community and an important part of the high street offer, but as an industry they face considerable cost pressures from a range of sources; particularly high beer duty, unfair business rates and VAT. “These measures by the Welsh Government to not only extend, but also increase investment in the high streets relief scheme are most welcome. Nearly 2,000 pubs in Wales will benefit from the rates relief with 500 pubs being taken out of business rates altogether. For some pubs, it could be the difference between staying open rather than closing their doors for good.” ENDS For further information, please contact: David Wilson, Director of Public Affairs: 020 7627 9151/ 07557 405 815 Nick Lawrie, Digital Communications Manager: 020 7627 9156/ 07824 359 013 Adam Beazley, Communications & Campaigns Officer: 020 7627 9155 / 07507 836 708 Notes to editors: BBPA analysis based on data from the Valuation Office Agency found: 1,917 pubs will benefit from the new high street rates relief in Wales The new high streets rates relief in Wales will be worth £4,012,674 to pubs in total 500 pubs will be taken out of business rates all together from the high street rates relief changes The British Beer & Pub Association is the leading body representing Britain’s brewers and pub companies. The Association is more than a century old and was originally founded as the Brewers’ Society in 1904. Our members account for some 90 per cent of beer brewed in Britain today, and own around 20,000 of the nation’s pubs.
30 October 2018
Responding to the Chancellor’s announcement in the Budget on plans to regenerate the high street, Brigid Simmonds, Chief Executive of British Beer & Pub Association, said: “As a member of the Government’s Future High Streets Forum, the BBPA and many others called for this Budget to help high street businesses such as pubs. The Chancellor has certainly delivered for us! “The Chancellor’s announcement to cut business rates for high street and other small businesses by one third for the next two years will no doubt help revitalise town centres and in particular small retail outlets. Pubs, and especially community pubs, will benefit from this to the tune of £120 million over the next two years. “Furthermore, the £675 million Future High Streets Fund will see investment in town centres increase, improving infrastructure and access to high streets. A review of the Use Class Orders could help provide more flexibility for the right mix of residential, retail and hospitality businesses to make local high streets work better. “As a judge of the Great British High Street’s competition, I know that leadership and expert advice is vital to success on the high street. The new High Streets Taskforce will provide hands on support and training for retailers, as well as advice on our digital world to help drive footfall. Many premises will also benefit from the increased investment allowance from £200,000 to £1 million for the next two years. “Due to the unique nature of the sector, pubs of character and individuality, run by operators large or small, can co-exist with well-known high street brands, offering real choice to consumers and vitality and character to individual high streets. A successful leisure and night-time economy is a priority for 74% of councils who responded to a recent survey by the Portman Group. Pubs will without doubt benefit from these measures to help the high street.”