Pubs in the UK are set to receive a £300 million support package amid rising business rates, which follow the end of a 40% Covid-related discount. Chancellor Rachel Reeves indicated that while a lower tax multiplier would be applied, many establishments are still facing steep cost increases. Concerns have arisen that other hospitality sectors, like hotels and restaurants, may not receive similar assistance despite significant tax hikes. Reeves emphasized the unique challenges faced by pubs during her remarks at the World Economic Forum.
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