Labour plotting blitz on boozers with Budget ‘sin tax’ raid on pubs as Wes Streeting threatens outdoor smoking ban
Pubs and restaurants face a 'cliff edge' unless Rachel Reeves axes a looming tax hike, anxious bosses have warnedrates cut is due to end on April 1 and will saddle the already-struggling sector with £914million in fresh levies.
In their letter to the Chancellor, the bigwigs write: “In recent months the hospitality sector has become increasingly worried about the onrushing business rates cliff edge that hits the economy on April 1“We are asking you to grasp this opportunity to deliver your manifesto commitment to fix business rates and protect businesses.
Without action, the bosses warn that more venues will be forced to close, leading to job losses and holes in high streets. UK Hospitality’s Kate Nicholls said: “This 170-strong cohort of business leaders across hospitality shows just how important addressing business rates is at the Budget.quadrupling and more venues shutting their doors for good, which will rob our towns and cities of vital community hubs.XMAS FIND
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