Britain’s business rates overhaul is set to drive sharp tax rises for Christmas attractions, hotels and hospitality venues from April, prompting industry warnings of higher prices and closures. Analysis by tax firm Ryan shows seasonal sites such as Hyde Park’s Winter Wonderland, Lapland UK and Camden Lock Market facing steep increases, partly capped in the first year. Separately, Savills estimates business rates for four- and five-star London hotels will rise by a quarter in 2026-27, with some venues facing seven-figure hikes that may be passed on to guests. Hospitality groups say the reforms undermine pledges to support the high street, warning pubs, restaurants and hotels already under pressure from wage and cost rises could cut jobs, raise prices or close without further relief. Rural pubs also warn of severe impact, as revaluations risk stripping village venues of long-standing rate relief, potentially forcing thousands to pay business rates for the first time and threatening the survival of local community hubs.
