An outcry has erupted from the trade following yesterday’s Autumn Budget, which led to disappointment on many fronts, including a measly 1p off draught beer, further rises to duty for wine and a lowered rate of business rates relief which has been described a kick in the teeth to businesses.
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The National President of the Fed (Federation of Independent Retailers) has written to the new Secretary of State for Business and Trade to highlight the impact of higher wages on smaller businesses.
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An inflationary rise for alcohol will kick in on February 1 – less than two months before the UK officially leaves the EU, further squeezing businesses stockpiling and looking to plan ahead. Harpers looks at what this means for a great British industry
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