Today's Budget - Comments from David Forde

16th March 2016

 

HEINEKEN, the leading brewer, cider maker and Pub company comments on today’s budget speech

  

David Forde, UK Managing Director of HEINEKEN, the leading brewer, cider maker and Pub Company commented on today’s budget speech.

 

“We’re pleased that the Chancellor will not be increasing beer and cider duty for the coming year. Whilst we would have liked to have seen a cut in these duties, it’s good news that we haven’t had an increase; which would have undone the positive effects of the cuts made in recent years.”

 

“The fact remains that pubs already pay 34p in every pound of turnover in tax, shoulder one of the highest business rates burdens of any industry and face rising wage bills. Duty cuts on beer and cider would have helped to reduce these pressures. Furthermore, this tax freeze will not address the challenges apple farmers and cider-makers face. Cider making is a long-term investment that supports thousands of rural jobs and has the potential to be a real British success story.”