LONDON | January 27, 2026 The Treasury has confirmed a new business rates relief scheme worth more than £80 million annually, aimed at supporting small businesses facing rising operational costs.
The plan will provide targeted relief to sectors most affected by economic pressures, including retail, hospitality, and cultural venues.
Chancellor officials said the scheme reflects the government’s commitment to easing cost burdens while maintaining fiscal discipline.
Business groups welcomed the announcement but urged clarity on eligibility criteria.
The relief is expected to take effect from the next financial year.
