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7th March 2024

T&R Theakston responds to the 2024 Budget

Responding to today’s Budget, Richard Bradbury, managing director of Theakston’s Brewery said:

“The UK already holds one of the highest excise rates in Europe and against a backdrop of continually rising running costs for pubs, we welcome the duty freeze on alcohol announced in the Chancellor’s Budget. From increases to the national minimum wage, rising energy costs and reduced spending due to the cost-of-living crisis, the pressures pubs face continue to mount so it is a comfort to know that at least one cost is held. According to the Campaign for Real Ale, more than 1,200 pubs have closed in the past year alone so measures which give pubs a fighting chance to survive should be welcomed.

“A place for celebration or solace, the pub’s role is woven into the fabric of our communities and we hope the government continues to recognise the important societal place our pubs hold and support them to survive against rising odds.”


Contact: Chloe Murray,

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