Business rates will be cut by 20% for pubs, social clubs and live music venues across England from April 2027, benefiting nearly 32,000 venues and saving the typical pub around £1,100 in the next financial year.
The Prime Minister said the move showed Labour was on the side of high streets, hospitality and the community spaces that bring people together across the country.
UKHospitality welcomed the announcement, saying targeted relief for pubs, clubs and live music venues would help protect jobs and keep vital local institutions open.
Rolling Stone UK reported that music venues, clubs and pubs in England would receive a significant tax break under the plans, with industry figures urging swift implementation.
Labour figures have long argued that the current business rates system places a disproportionate burden on independent retailers, cafés, restaurants, pubs and other local businesses regardless of trading performance.
The announcement forms part of a wider economic programme focused on supporting small businesses, reducing costs for working people and strengthening community life in towns and cities across England.
