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Britain's Prime Minister Andy Burnham disembarks a bus after a ride in central Bath, Britain, July 22, 2026. REUTERS/Toby Melville/Pool
Britain's Prime Minister Andy Burnham disembarks a bus after a ride in central Bath, Britain, July 22, 2026. REUTERS/Toby Melville/Pool
A woman stands on a barrel outside of a pub in London, Britain, May 30, 2026. REUTERS/Suzanne Plunkett
A woman stands on a barrel outside of a pub in London, Britain, May 30, 2026. REUTERS/Suzanne Plunkett
Britain's Prime Minister Andy Burnham looks on during a visit to Bath, Britain, July 22, 2026. REUTERS/Toby Melville/Pool
Britain's Prime Minister Andy Burnham looks on during a visit to Bath, Britain, July 22, 2026. REUTERS/Toby Melville/Pool
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UK PM Burnham to cut business rates for pubs, clubs and music venues

July 23rd, 2026 | 05:16 AM WORLD United Kingdom 1

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By Reuters

British Prime Minister Andy Burnham will lower ​business rates for pubs, clubs ‌and live music venues by 20% from April, Downing Street said on Thursday.

The cut ​will save the typical pub ​about 1,100 pounds ($1,472.35) next year, and ⁠will benefit nearly 32,000 venues, the ​government said.

The cut will be funded ​in part by a review of relief for businesses such as vape shops that "do not ​make a positive contribution to ​local communities", the government said.

Downing Street also said ‌it ⁠will crack down on businesses that sell through online marketplaces but do not comply with tax obligations, and ​is exploring ​ways to ⁠make online marketplaces more responsible.

The announcements come as the ​new prime minister sets out ​to ⁠ease a cost-of-living crisis through measures such as cutting taxes relating to utilities ⁠and capping ​the prices of bus ​tickets.

($1 = 0.7471 pounds)

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  • POLITICS/ BUSINESS (UPDATE 1)
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