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UK Business Events Sector Calls for Fairer Business Rates Support
INDUSTRY NEWS
7/29/20261 min read


Industry leaders representing the UK business events sector are urging the government to broaden business rates support so that conference venues, hotels, exhibition spaces, and training facilities are not left behind. While the recently announced reduction in business rates for pubs, social clubs, and live music venues has been welcomed, organizations within the meetings and events industry believe the current measures do not address the challenges faced by business event venues.
According to industry associations, business events play a significant role in supporting tourism, local economies, employment, and international trade. They argue that venues hosting conferences, exhibitions, and corporate meetings continue to face rising operating costs and should receive similar recognition and financial support. Expanding business rates relief could help these venues remain competitive while encouraging future investment in the sector.
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Industry representatives have expressed their willingness to continue working with policymakers to develop long-term solutions that support every part of the UK's business events ecosystem and ensure sustainable growth for venues of all sizes.
Author: Kizzy Allott
Original Source: https://www.eventindustrynews.com/news/joint-statement-from-beam-and-the-mia-on-business-rates-support
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