UK to cut business rates for smaller pubs by £1,000
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LONDON (Reuters) - Britain said it would cut business rates for small pubs by £1,000 from April, giving extra help to pubs as part of a wider package aimed at ensuring shops, cinemas and cafes can survive in local high streets. Business rates are taxes to help pay for local services, charged on most commercial properties. The system of business rates is due to be subject to a fundamental review under plans announced by Prime Minister Boris Johnson in December.Britain's finance ministry said on..