11th March 2015
Ashley Fox, Leader of the Conservatives in the European Parliament and MEP for the South West of England & Gibraltar, has called on the Chancellor of the Exchequer to back Britain’s beer and pub sector by cutting beer duty for the third time in the Budget on 18th March.
The move comes as a new analysis by leading economists Oxford Economics for the BBPA, shows the huge impact of beer and pubs in the South West.
• The beer and pub sector sustains 91,600 jobs in the region
• This includes 32,795 jobs for 16 – 24 year olds, who have been hit hard by the economic slowdown
• The sector adds over £1.8 billion to the regional economy
• The sector also contributes nearly a billion pounds in taxes to the exchequer
Mr Fox is also pointing out that despite recent tax cuts, British beer drinkers still pay 40 percent of the entire EU beer tax bill, but only consume 13 percent of the beer sold in the EU.
Beer taxes in the UK are now an astonishing 12 times higher than in the largest beer market, Germany – and three times the EU average.
Ashley Fox MEP is backing the campaign supported by the British Beer & Pub Association, the Society of Independent Brewers and the Campaign for Real Ale, for the Chancellor to cut beer tax for a third time in the Budget.
Commenting on the campaign, Mr Fox said:
“These figures show how important the brewing and pub sector is in the region. I hope the Chancellor will take action to protect these jobs by continuing to bring beer duty more into line with other EU countries.
“This will also help our much-loved pubs, the communities they serve and the important local facilities they provide.”