The government plans to reform how business rates are calculated for pubs and hotels to make the system fairer. The Treasury has chosen an advisor to study current valuations and propose adjustments. This follows a review launched by the BBC and a pledge from The Guardian to support better rates.
Archipelago Hotels says it is entering new domestic and overseas markets as tourism continues to build. At the same time, recent reports from 36Kr detail reports that have exposed hidden problems in some hotel properties. The Financial Times reported on the Treasury's expert review while Yahoo Finance UK outlined the company's future goals.