Rachel Reeves’ budget has left the Campaign for Real Ale, CAMRA, disheartened and warning of the further decline of pubs.
Among other things, Reeves’ tax hikes took aim at the cost of alcoholic drinks, in a move that is likely to drive up the cost of going out. In her Budget speech today, the Chancellor announced that alcohol duty would rise in line with inflation, with the Treasury confirming that the duty would increase 3.66 per cent, in line with the Retail Price Inflation (RPI).
