UK Parliament / Open data

Beer Duty Escalator

Proceeding contribution from Marcus Jones (Conservative) in the House of Commons on Tuesday, 5 March 2013. It occurred during Adjournment debate on Beer Duty Escalator.

I thank my hon. Friend for that extremely pertinent comment. I will come to that.

In my constituency, the sector accounts for 1,441 jobs, employing 431 young people. It also contributes £33.7 million in gross value added to the local economy. Nationally, the sector adds £19 billion to the UK economy, and it currently contributes £10 billion in taxation to the Treasury. Since the previous Chancellor introduced the beer duty escalator in 2008—my right hon. Friend the present Chancellor continued it in May 2010—beer duty has risen by a staggering 42%. If the planned increase is effected in April following the coming Budget, beer duty will have increased by an eye-watering 50% in five years.

Type
Proceeding contribution
Reference
559 c180WH 
Session
2012-13
Chamber / Committee
Westminster Hall
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