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Prime Minister announces extra 20% cut to business rates for pubs, clubs and live music venues

Announcement steps back from funding via higher rates for warehouses
The measure aims to bolster high streets by helping pubs. (Getty Images/iStockphoto)
The measure aims to bolster high streets by helping pubs. (Getty Images/iStockphoto)
CoStar News
July 23, 2026 | 7:14 AM

New Prime Minister Andy Burnham has announced that pubs, clubs and live music venues will receive a 20% cut to their business rates bills, the tax on non-domestic properties, in 2027-28.

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