🍺 Jeremy Hunt’s Budget pledge to cut duty on draught beer in pubs is nothing more than an attempt to secure positive headlines and will do little to help struggling pubs, a Stockport landlord told theipaper Budget2023
, pushing up the price of wine and spirits. It also confirmed that under EU law the Treasury could have reduced duty across all types of beer.
Landlord Jamie Langrish runs three pubs in and around Stockport – The Crown, in Heaton Mersey, the Bakers Vaults, in Stockport, and the Red Lion, in Cheadle. He described the Budget as “devastating” and said the alcohol duty rise, combined with the removal of energy support measures for businesses, meant the draught cut was just a “drop in the ocean” for struggling pubs.
Having heard the headline figure, they had assumed prices would immediately come down by 11p. But Mr Langrish said this will not be possible. In fact, he is probably going to have to raise prices due to the increase in duty on wine and spirits, and the Government’s Energy Bill Relief Scheme for businesses coming to an end.
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