'Our business rates valuation is up 400pc!' - Pub's shock after budget tax bombshell
Husband and wife Nick and Briony De’Ath run the Red Lion pub in Bishopgate and could not believe their eyes when they discovered the rateable value for the building is set to increase from £19,750 to £100,000 in April.
The Red Lion pub in Bishopgate, Norwich (Image: Red Lion Bishopgate)
It comes as the chancellor Rachel Reeves has been accused of delivering a budget of “smoke and mirrors” after it emerged that pubs, hotels, shops and restaurants now face much higher business rates next year.
In the House of Commons last Wednesday, Ms Reeves announced she was introducing the "lowest tax rates since 1991", permanently........





















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