Reeves’s promise of pub business rates U-turn averts Labour rebellion
by Kiran Stacey, Peter Walker and Rob Davies from World news | The Guardian on (#72P5F)
Change in England largely welcomed by industry and Labour MPs but represents another climbdown
Rachel Reeves has avoided another damaging rebellion against her economic policies with the promise of a U-turn on controversial tax hikes for pubs in England, after weeks of protest from her colleagues and the hospitality industry.
Government sources said on Thursday the chancellor was finalising a support package for the struggling industry that would include reductions to business rates for pubs, which had been facing a 76% rise on average over the next three years.
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