New UK PM to cut taxes for struggling pubs: ‘drop in the ocean’

The UK government on Thursday announced a tax cut for struggling pubs, clubs and live music venues as new Prime Minister Andy Burnham aims to ease the cost of living crisis. The 20 per cent cut to business rates – a local tax paid by firms – is the third policy announcement since Burnham became prime minister on Monday, including a planned cap on most bus fares in England and the removal of value added tax on household electricity bills. The latest tax cut is expected to save some 32,000...