UK PM Burnham to cut business rates for pubs, clubs and music venues

Britain’s Prime Minister Andy Burnham disembarks a bus after a ride in central Bath, Britain.
Arsenal fans outside a pub in London
A woman stands on a barrel outside of a pub in London, Britain.Britain's Prime Minister Andy Burnham visits BathBritain’s Prime Minister Andy Burnham looks on during a visit to Bath, Britain.
July 23 (Reuters) – British Prime Minister Andy Burnham will lower ​business rates for pubs, clubs ‌and live music venues by 20% from April, Downing Street said on Thursday.
The cut ​will save the typical pub ​about 1,100 pounds ($1,472.35) next year, and ⁠will benefit nearly 32,000 venues, the ​government said.
The cut will be funded ​in part by a review of relief for businesses such as vape shops that “do not ​make a positive contribution to ​local communities”, the government said.
Downing Street also said ‌it ⁠will crack down on businesses that sell through online marketplaces but do not comply with tax obligations, and ​is exploring ​ways to ⁠make online marketplaces more responsible.
The announcements come as the ​new prime minister sets out ​to ⁠ease a cost-of-living crisis through measures such as cutting taxes relating to utilities ⁠and capping ​the prices of bus ​tickets.
($1 = 0.7471 pounds)

Reporting by Chandni Shah in Bengaluru; ​Editing by Muralikumar Anantharaman and Christopher Cushing.

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