Campaign win! Government announces third cut in beer duty and a 2% reduction in cider duty at Budget 2015.
This is another huge success and a testament to all of those who supported the fight to further reduce the tax on beer.
Working together, CAMRA campaigners like you helped secure the support of 114 local MPs ahead of the Budget, which mounted huge pressure on the Chancellor to deliver another Budget for beer drinkers.
Why this campaign matters
CAMRA has commissioned a new report produced by the Centre for Economic and Business Research (Cebr), which was launched at an event in Westminster. The report found that:
- Over a thousand pubs saved - an additional 1,047 pubs would have closed by the end of 2014 if the Beer Duty Escalator had remained in place
- 750 million more pints sold –750 million fewer pints of beer would have been sold in the UK this financial year if the Beer Duty Escalator had remained in place
- 26,000 jobs created – 26,000 additional jobs would not have been created if the Beer Duty Escalator had remained in place
- Higher investment - In 2014 alone, investment in the brewing industry was expected to stand at £61 million higher than it would have if the beer duty escalator had been maintained
- Price of a pint up to 16p higher - the average price of a pint of beer, which currently stands at £3.04, would have cost £3.20 if the beer duty escalator had not been scrapped and replaced by two consecutive 1p cuts in 2013/14