The Inspiration for Pub Success Since 1794
Chancellor Philip Hammond has vowed to protect local pubs and the “valuable work they do” by giving 90% of them a £1,000 business rate discount in the spring budget today (8 March).
Alcohol duty will rise for beer, cider, wine and spirits, the chancellor has announced in the budget.
The Chancellor’s £1,000 business rate discount for the majority of pubs in the UK in 2017 has met with mixed reactions from industry bodies.
More than 45m bottles of sparkling wine were sold in the UK at Christmas, but just 5m of those were bought in the on-trade, the rest being purchased in supermarkets.
Consumer spending in pubs has seen strong growth, rising 13.3% year on year, according to figures from Barclaycard for February 2017.
Greene King is rolling out new cellar kits with the aim of cutting the energy used by its beer cooling systems by 50%.