The government is poised to announce a U-turn on forthcoming increases to the business rates bill faced by pubs.
It is expected that the government will reduce the so called “multiplier” – the percentage of a pub’s rateable value used to calculate business rates bills.
Treasury officials say they have recognised the financial difficulties facing many pubs after sharp rises in the rateable value of their premises.
The move follows pressure from landlords and industry groups that included more than 1,000 pubs banning Labour MPs from their premises.
