Good news for independent brewers in Autumn Budget 2017
“SIBA’s 850 brewery members will be delighted by the Chancellor’s announcement that he will freeze beer duty in this Budget, recognising the important role of the Great British pub. This is great news for brewers, pubs and consumers alike.
We’d now like to see the Chancellor go further and commit to a freeze in beer duty across the entire Parliament. An extension by one more year of rate relief for pubs and a move to CPI from RPI is also welcome but more action is still required. Whilst news for our sector has been positive from the Chancellor, brewers and pubs still face a tough trading period ahead with uncertainty around Brexit, and worsening growth and productivity figures. For now, though we will raise a glass of craft brewed British beer to the Chancellor.”
Mike Benner, SIBA Chief Executive