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Brewer Young’s will lift its prices by 3.5 per cent following chancellor Rachel Reeves’s plan to increase tax on businesses. The move will add about 20 pence to the price of a London pint ...
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Tim Martin told Andrew Marr that the cost of beer will “quite probably” increase to £8 a pint
On 23 September 2022, the Chancellor of the Exchequer, Kwasi Kwarteng, delivered a Ministerial Statement entitled "The Growth Plan" to the House of Commons. [1] [2] Widely referred to in the media as a mini-budget (it not being an official budget statement), it contained a set of economic policies and tax cuts such as bringing forward the planned 1% cut in the basic rate of income tax to 19% ...
Historically, beer has been the most popular choice of drink in Britain, but since the 1960s and more prominently the 1980s wine consumption has mostly taken up beer's previous market domination within the UK. In 2018, beer consumption once again became the most consumed type of alcohol within the UK with 8.5 billion pints sold in the year ...
That statement, outlined in September 2022 by Kwarteng, had been a programme of low taxation and high spending worth £45bn which it was hoped would promote economic growth, but had instead it led to economic turmoil, a weaker pound and financial intervention in the UK's bond markets by the Bank of England to prevent them from collapsing. With ...
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Uk inflation history inflation hit 24% in 1975 and in 1976 the Sterling crisis occurred, followed by the Winter of Discontent [2]. The traditional measure of inflation in the UK for many years was the Retail Prices Index (RPI), which was first calculated in the early 20th century to evaluate the extent to which workers were affected by price changes during the First World War.
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