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2nd October 2014

SIBA joins industry applause for Chancellor  

The Society of Independent Brewers (SIBA) joined in the brewing industry’s applause today for Chancellor George Osborne at the Conservative Party Conference.
Mr Osborne was presented with the new ‘Cheers 2014’ report, which includes evidence from the industry, including SIBA brewers, of the positive impact of the cuts in beer duty, as well as a specially-brewed beer, ‘George’s Budget Booster’.
SIBA managing director Mike Benner said, “We were delighted to be able to present the Chancellor with a well-earned British beer, as a token of our gratitude for the two consecutive cuts in beer duty.
“For SIBA’s 800 or so brewers, this year’s duty cut was a second boost to their confidence in the long-term future for British beer, after many years of punitive taxation. With a government that seems committed to a thriving British brewing scene, our members are more comfortable about investing in their businesses, with positive impact on their local economies and employment.”
A number of SIBA brewers contributed comments to the ‘Cheers 2014’ report, explaining how the cut in beer duty has helped their business. This ranges from increasing brewing capacity, buying new equipment, employing new staff, opening pubs and moving into export.
Benner continued, “We hope that the government will continue to support this great British industry with more good news in the 2015 budget. If they are looking for evidence of of how lessening a sector’s tax burden can create confidence, investment and jobs, then Britain’s independent brewers can provide it in spades.”
Issued on behalf of:                Society of Independent Brewers
By:                                           ShielPorter Communications
For information:                      Ros Shiel
                                                07841 694137 / 01403 267971