HEADLINE ANNOUNCEMENTS FOR EVENTS INDUSTRY ALLIANCE (EIA)
Business Rates reform: Business rates for retail, hospitality and leisure properties will be permanently lowered, funded by higher rates for the properties with a rateable value of over £500,000. The high-value multiplier will be 50.8p in 2026-27.
Visitor Levy: Mayors in England will have the ability to raise a visitor levy on overnight accommodation. The Government will consult on the design of the levy at a later date.
Skills development: £13 billion investment will be devolved to local Mayoral Authorities to support further skills development in local workforces
