UK Pub Sales Agents on Twitter RSS News Feeds of Pub Trade News  & Pub Sales Listings UK Pub Sales Agents on Facebook Linked In: UK Pub Sale Agents

Bookmark and Share

UK Pubs For Sale - UK Freehold Pubs, Licensed Properties & Pub Businesses For Sale  - Article Details

What future for traditional British pubs?

UK Pub Sales Agents News Added: April 15, 2009 02:46:08 AM
Author:
Pub Sales Agents - : Campaign for Real Ale

Property News - What future for traditional British pubs?

What future for traditional British pubs?

DARLING CALLED ON TO DROP PLANS FOR BEER TAX RISE

Shadow ministers described the pub as a “vital British institution”, and
claimed thousands faced closure because of steep tax increases planned by
the Government. Pub beer sales were also down 10 per cent in the quarterly
beer barometer published last month.

The British Beer & Pub Association said tax revenues from beer were already
down £181 million since last year’s Budget, and forecast further falls in
the Chancellor’s income because of the beer duty escalator introduced by Mr
Darling.

Association chief executive Rob Hayward said: “These figures highlight the
extreme economic pressures hitting Britain’s beer and pub sector. Beer sales
are sinking and many pubs are struggling to survive. Pub closures have
escalated to nearly six a day.

“Unfortunately, Government tax policy is only making a difficult situation
worse. Due to the Government’s tax escalator and VAT policy, we are facing
two further tax increases this year alone. By the 2012 Budget, the tax on
your pint of beer will have increased by up to 40 per cent from February
2008.

“We are not asking for a tax handout, like other sectors. We just don’t want
our tax burden to be made worse. When it comes to stimulating the UK
economy, the Government should not and must not turn a blind eye to
Britain’s beer and pub sector,” said Mr Hayward.

Shadow culture secretary Jeremy Hunt said: “We all have our favourite local
pub but up and down the country people have been losing theirs. Not only are
they a critical part of our heritage but they are often hubs for local
communities helping social groups, sports clubs and often even the village
shop.

“For too long the Government has tried to tackle binge drinking by punishing
responsible drinkers and landlords. With massive tax hikes and heavy handed
regulation all Labour will succeed in doing is closing down more pubs. This
has to stop.”

Shadow business minister Mark Prisk added: “Pubs are often small family-run
businesses. Not only are they the social heart of their communities, they
also provide jobs.” From the Shropshire Star

Paramount Investments are specialists in sourcing freehold and leasehold pubs for sale and other pub company or brewery investment op150 West End Lane
West Hampstead
London NW6 1SD
DDI: 020 7644 2307
Fax: 020 7604 3457
Mob: 07949 175 280

Web: http://www.paramount-investments.co.uk
Blog: http://uk-pubs-for-sale.blogspot.com/

Ratings
You must be logged in to leave a rating.
Average rating: (0 votes)
Comments

No Comments Yet.


Visual Confirmation Security Code

*Enter the code shown:  

UK Pub Sales Agents News
Bedford Pubs : Pubs For Sale In Bedford
Pub For Sale : Red Lion, Park Road, Stevington, Bedford, Bedfordshire, MK43
Ellesmere Port Pubs : Pubs For Sale In Ellesmere Port
Pub For Sale : Wing Half, Alnwick Drive, Ellesmere Port, Cheshire, CH65
Middlesbrough Pubs : Pubs For Sale In Middlesbrough
Pub For Sale : Eagle, Rothbury Road, Middlesbrough, North Yorkshire, TS3
Crook Pubs : Pubs For Sale In Crook
Pub For Sale : White Swan, Hope Street Crook, Durham, DL15
South Shields Pubs : Pubs For Sale In South Shields
Pub For Sale : Jester, Tasmania Road South Shields, Tyne and Wear, NE34