Propel Morning Briefing

ALMR reiterates need for business rates reform as London mayor pledges to make cuts for hospitality businesses

The Association of Licensed Multiple Retailers (ALMR) has reiterated the need for the government to push ahead with the reform of business rates following London mayor Sadiq Khan’s pledge to make cuts for hospitality businesses.

ALMR chief executive Kate Nicholls said: “We are extremely grateful the London mayor has recognised the critical issue of wholesale reform of the business rates system. The capital’s late-night bars, restaurants, live music and clubbing venues are rightly recognised as some of the most vibrant and progressive in the world and are a vital part of the sustainable hospitality sector. There have been some positive signals recently with London night tsar Amy Lamé acknowledging the value of the night-time economy in the capital and taking steps to protect and nurture it. Business rates rises are a clear threat to investment, growth and job creation in the sector and the government must act and push ahead with reform.”

 

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