Submitted by James Lockett on Wednesday 26th July 2023
Published on Monday 31st July 2023
Current status: Closed
Closed: Wednesday 31st January 2024
Signatures: 27
Relevant Departments
Extend the Alcohol Duty freeze that will end on 1 August 2023.
Total alcohol duty paid as a proportion of all HMRC receipts fell to 1.6% in 2022/23, the lowest annual proportions seen in the last 20 years.
We want the Government to extend the Alcohol Duty freeze in order to help pubs across the nation in what is currently a very tough time.
Previous research by finance company RIFT found that some parts of Britain have seen as many as 69 local pubs close their doors in the past two years.
With many of the nation’s pubs already struggling to make ends meet due to high energy prices, the cost of living crisis, and dented consumer confidence as a result of the current economic landscape, there are fears that the increased cost of alcohol duty could cause more to shut their doors.
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