At NBS Underwriting, pubs and live music venues have always been central to what we do. We work closely with brokers who support everything from local public houses to grassroots music venues, and we see first-hand the pressures these businesses continue to face.
That’s why the Government’s recent announcement confirming new business rates relief for pubs and live music venues has attracted significant attention across the sector. While the measures recognise the economic, social and cultural importance of hospitality, many within the industry have been clear that the support does not yet go far enough.
From April 2026, eligible pubs and live music venues will receive 15% business rates relief, followed by a real-terms freeze on bills for a further two years. For some businesses, this offers a degree of short-term certainty at a time when costs remain high and revaluation changes are still being absorbed.
However, industry bodies and operators have widely described the relief as a step in the right direction rather than a complete solution, pointing to ongoing pressures around staffing, utilities, compliance and operating costs. There continue to be calls for more meaningful, long-term reform of the business rates system to properly support hospitality and live music venues.
As licensed premises adapt — through live entertainment, extended trading hours, layout changes or increased footfall — their insurance requirements can change quickly.
While wider economic challenges sit beyond any one organisation’s control, we remain focused on supporting the sector and being competitive where we can, working closely with brokers to help them protect their hospitality clients.
Our specialist licensed trade insurance products are designed to offer flexibility, speed and confidence, helping brokers respond to the evolving needs of pubs and live music venues. Whether it’s a grassroots music space or a traditional public house, our aim is to provide tailored cover that reflects how these businesses operate today.
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