Responding to the publication of the Government’s Packing Recovery Note (PRN) Consultation, Emma McClarkin, Chief Executive of the British Beer & Pub Association, said:
“We welcome the decisions within today’s PRN consultation response to introduce monthly reporting of reprocessing and export data, as well as monthly price and revenue data reporting, by reprocessors and exporters
“However it is disappointing that the Government has decided not to bring in a mechanism for extending the compliance period for the trading of PRNs/PERNs which has previously proved valuable in helping to smooth PRN prices, or introduce a compliance fee at this stage. Additionally, today’s Government response does nothing to address spiralling costs producers will continue to face this year and into 2023. Urgent action remains necessary to alleviate the immense pressures the current volatile PRN market is placing on producers.”
Press release from the BBPA.
For further information, please contact Finlay Morriss via fmorriss@beerandpub.com