Duty cut and summer weather send beer sales soaring

31 October, 2013

The off-trade enjoyed its best performance in beer for a decade during the third quarter of this year, according to figures form the British Beer & Pub Association.

Volume sales were up 12.5% on the same period a year earlier boosted by the hot summer and the Budget beer tax cut, the BBPA said.

It estimated that the Treasury collected £16 million in beer taxes because of the increase, despite the cut in duty rates.

The on-trade was down 1.2% but total beer sales were up 5.2%, the biggest quarterly increase this century.

BBPA chief executive Brigid Simmonds said: “After many years of disappointing figures it’s great to see a great British product reporting such a strong third quarter performance.

“There is a still a way to go, but with increased investment and a fairer tax regime, we can build for future success.

“With the beer duty escalator cancelled by George Osborne, and tax revenues up, there is a real opportunity, if we have another freeze next year.”




Bookmark this


Site Search

COMMENT

Richard Hemming MW asks: what’s the next step for indies?

In the not-too-distant future, when all humans are born with inbuilt VR headsets and Trump is Supreme Commander of the Known Universe, how will students of wine look back on the present era of retail in the UK? And, in such a dystopian world, why would anyone care?

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter