Reacting to the announcement that inflation increased to 4% in December, Emma McClarkin, Chief Executive of the British Beer and Pub Association said:
“The increase in December’s inflation rate underscores the unrelenting cost pressures faced by the beer and pub sector and the continued challenge to manage these costs and keep businesses operating. It makes it more important that the Chancellor addresses the tax burden our industry faces and continues to invest in breweries and pubs at the Spring Budget with a cut to beer duty, a cap on the business rates multiplier and a reduction to the VAT rate applied for hospitality.”
ENDS
For more information or to arrange an interview contact press@beerandpub.com / 020 7627 9199
About the British Beer & Pub Association
The BBPA represents businesses which between them brew over 90% of the beer sold in the UK and own 20,000 pubs.
Our members include international companies, national and local brewers and pub businesses operating managed and tenanted pubs in cities, towns and villages across the country.
These businesses are at the heart of communities and local economies and include family businesses who have been brewing beer and running pubs for hundreds of years alongside emerging brewers and pub operators.
The UK’s beer and pub industry supports close to 940,000 jobs
The industry adds £26.2billion to the UK’s economy each year
For more information or to arrange an interview contact press@beerandpub.com / 020 7627 9199
Third-party news items that are posted on the Guild website’s news section come from press releases received by the Guild. These press releases are posted as they have been received and their publication on the Guild website is intended as an informational service provided to our members and website visitors. As such, the publication of a story from a third-party source is neither an endorsement of the content, nor its sender, by the Guild. For enquiries on any news item, please use the contact details that can be found at the bottom of each post.