Over 100 Tory MPs urge Rishi Sunak to cut beer duty in Budget to save pubs
MORE than 100 Tory MPs are urging Rishi Sunak to slash beer duty in pubs in next week’s Budget to help save British boozers.
They have written to the Chancellor to plead with him to cut “keg tax” amid fears too many locals are going under.
Over 100 Tory MPs have urged Rishi Sunak to slash beer duty in pubs in next week’s Budget to help save British boozers[/caption]
Bars are struggling to compete with cheap alcohol sold in supermarkets.
Drinkers have to pay around £1 in tax for every pint of beer in a pub — the highest rate in Europe.
Red Wall MP Richard Holden has written the letter to the Treasury — co-signed by 102 MPs.
Ex-Cabinet ministers Sir Iain Duncan Smith, Alun Cairns and Karen Bradley as well as fellow red-wallers Dehenna Davison and Paul Howell also back a reduction.
Mr Holden said: “A cut will not only significantly bolster our much-loved pubs, but also have great knock-on effects for British agriculture and employment.”
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The Chancellor is carrying out a review on alcohol tax and is considering cutting it for beer from kegs and sparkling English wine to protect pubs and boost home-grown drink exports.
It comes after he was given pre-Budget wriggle room as new figures showed Britain borrowed less money than expected last month.
Government borrowing fell to £21.8billion in September, from £28.8billion in the same month a year earlier.