Review launched into how pub and hotel business rates calculated

A review has been launched into the method by which business rates are calculated for pubs and hotels across England and Wales. This initiative suggests a potential for significant reform within the existing system. The undertaking involves scrutinizing the current rate calculation methodologies, aiming to identify areas for improvement or overhaul. This review is important because it could lead to changes that impact the financial stability and operational costs for numerous pub and hotel businesses, potentially influencing their viability and growth within the hospitality sector in these regions.