Saturday, January 29, 2022

Tag: Budget 2017

Bridge funding Budget boost granted to Great Yarmouth

Coinslot Great Yarmouth Pleasure Beach bridge
Great Yarmouth’s tourism economy has been given a boost after funding for a third river crossing in the resort was announced in the Autumn Budget.   Chancellor Philip Hammond committed £98m towards the cost of the new bridge, with Norfolk County Council having already said it would make up the rest of its £120m price tag. It is hoped the crossing will...

Autumn Budget a mixed bag for the coin-op sector

philip hammond chancellor
  The Autumn Budget contained good news on business rates, but, as expected, overlooked the gambling industry.   Last Wednesday saw Philip Hammond deliver the UK’s first Autumn Budget for 21 years, but predictably, the chancellor’s speech neglected to mention gambling. For previous budgets, the HMRC published documents relating to taxation changes as a result of the chancellor’s speech, with the Spring...

“Beer drinkers will raise a glass to the Chancellor” – BBPA hails beer duty freeze in budget

philip hammond chancellor
Responding to the Chancellor’s Budget speech, British Beer and Pub Association chief executive Brigid Simmonds said:   “The chancellor’s decision to freeze beer duty and cancel his planned rise is an early Christmas present for beer drinkers and pub-goers worth £117m this year and in subsequent years. It will secure over 3,000 jobs in pubs and the wider beer supply chain...

Budget is a curate’s egg for UK pub sector

Coinslot - BBPA Budget Pub
British Beer and Pub Association welcomes pub specific rates relief but slates beer tax hike as 'hugely damaging'.   The pub sector, which constitutes an important market for suppliers of gaming, jukebox and amusements equipment, has sent out a warning on the implications of the hike in beer tax whilst providing a cautious welcome to the proposals on rate relief. Commenting on today’s...