Chancellor Kwasi Kwarteng confirmed has announced the planned increase in duty rate rises for beer, wine and spirits will all be cancelled.
“I can announce that the planned increases in the duty rates for beer, for cider, for wine, and for spirits will all be cancelled” he said.
As part of measures announced today he also extended the draught relief to cover smaller kegs of 20 litres and above, ‘to help smaller breweries’.
During the budget the Chancellor also abolished top rate of income tax for those earning £150,000 and lifts cap on bankers’ bonuses and announced it will cut stamp duty.
