Question to the HM Treasury:

To ask the Chancellor of the Exchequer, further to the business rate information letter, 1/2026: Pubs and live music venues relief 2026 to 2027, whether the new relief is subject to a state aid cap for chain pubs; and whether it will apply to venues subject to the high value multiplier.

From April, every pub and live music venue will get 15% off its new business rates bill on top of the support announced at Budget and then bills will be frozen in real terms for a further two years.

Final costings will be confirmed at a fiscal event in the usual way.

The retail and hospitality sectors will continue to benefit from the £4.3 billion support package announced at Budget. This support package means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.