Pubs play a crucial role in the social and economic life of our nation, as well in helping to promote responsible drinking, which is why the support which the Government has made available to pubs is encouraging.
Through the Asset of Community Value scheme, communities can list facilities of local importance, including pubs. This means that if a pub owner wishes to sell up, the community has six months to come up with a plan and funding in order to try to save it. There are now around 2,000 pubs across England listed as assets of community value.
The £3.6 million 'More than a Pub: The Community Business Support Programme', launched in 2016, is helping to support communities across England to own their local pub. On top of this, the Government continues to support the work of the Pub is The Hub initiative to help landlords diversify and provide essential services, such as village shops and post offices, in order to improve the sustainability of their pub.
To further support pubs, the Chancellor announced in the Autumn Budget 2018 a welcome freeze on beer, cider, and spirit duties. The Spring Budget 2017 also provided a £1,000 discount on business rates bills in 2017 for pubs with a rateable value of less than £100,000 - 90 per cent of pubs in England – this was extended in the Autumn Budget 2017 for a further year, through to March 2019. In addition, a one-third discount to business rates for pubs and bars with a rateable values below £51,000 was introduced in 2018.
