The government is launching a major review to overhaul business rate valuations for pubs and hotels across England and Wales, aiming to fix a system that’s crushed many venues with steep hikes—especially after pandemic relief ended. Led by expert Jerry Schurder, the review will report by March 2027, though current rates won’t be adjusted. With two pubs closing daily, business groups are rallying behind the move, calling for fairness that reflects real operations. Meanwhile, other small businesses like independent bookshops are pushing for similar relief, sparking a wider debate on how taxes affect vital local enterprises. The Treasury backs the effort, recognizing pubs and hotels as pillars of community and economy—and this review could ease their financial strain before the next big valuation in 2029.
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