Chris Jowsey, CEO of Admiral Taverns, commented: “Whilst we welcome the Chancellor’s latest support measure to extend the alcohol duty freeze until February 2025, we are disappointed that the Government has not chosen to cut draught beer duty for pubs, nor addressed a reduction in employer National Insurance contributions, and by the lack of long term, permanent support to mitigate the ongoing challenges of business rates. Over the past years our licensees have worked tremendously hard to overcome every obstacle that has been thrown at them and they now face a frightening rise in costs which will likely result in hundreds of pubs closing for good. I would urge the Chancellor to immediately reconsider further support to our sector to enable these vital community lifelines to trade out of this economic crisis.”
Contact: India Spencer, ispencer@houston.co.uk
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