THE LEADING PUBLICATION FOR THE HOSPITALITY SECTOR & LICENSED TRADE Issue 300
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Treasury Blasted Over 81% Hike On Pubs And Hidden Tax Raid On Nightlife
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The Night Time Industries Association (NTIA) has issued an urgent ultimatum to Chancellor Rachel Reeves, warning that the 2026 business rates revaluation will be the “final curtain call” for thousands of venues. Analysis of the 2026 VOA figures, exclusively provided by the Pubs Advisory Service, reveals a “higher tax on fewer doors” strategy that is strangling the life out of the night-time economy.
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Despite a 15% drop in the number of pubs since 2017, the collective Rateable Value (RV) has surged to a record £1.67 billion.
THE PUB CRISIS: A “40%” CLIFF-EDGE For the UK’s remaining 39,661 pubs, the upcoming cycle represents a seismic
shift in fixed costs. Over 15,600 venues are bracing for a valuation hike of more than 40%, while the safety net of Small Business Rates Relief is “evaporating.” Revaluation Year
Total Pubs
Total RV (£bn)
Avg RV per Pub
2017 (Pre-Pandemic)
46,453
£1.477bn
£36,750
2023 (Post-Pandemic)
41,560
£1.262bn
£30,375
2026 (Current)
39,661
£1.674bn
£42,218
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