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Loudest cheer in the commons is for the cut in draught duty… 13:17 - Oct 30 with 32236 viewsSitfcB

Cut by 1.7% - one penny off a pint.

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Loudest cheer in the commons is for the cut in draught duty… on 15:04 - Oct 30 with 2710 viewsBigalhunter

Loudest cheer in the commons is for the cut in draught duty… on 14:51 - Oct 30 by Ryorry

I love my beer, but (sorry to be controversial) this seems absolutely nonsensical to me - far from supporting the NHS, isn't it just going to result in increased drinking & therefore eventually even further strain on it?


Can’t see that a penny off a pint is going to suddenly result in everyone having an extra five or six pints on a weekend..

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Loudest cheer in the commons is for the cut in draught duty… on 15:10 - Oct 30 with 2670 viewsWeWereZombies

Loudest cheer in the commons is for the cut in draught duty… on 15:00 - Oct 30 by Blueschev

It's not ridiculous though is it? Go to nearly any town or city in this country and they all have the same crappy chain pubs / cafes / bars / shops.


But all of the towns and cities I visit also have independent cafés which are always better than the Costas and MacDonalds of this World. Especially if you like a decent flat white. And you need a proper pub to be in with a chance of beer out of a cask usually.

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Loudest cheer in the commons is for the cut in draught duty… on 15:14 - Oct 30 with 2654 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:00 - Oct 30 by Blueschev

It's not ridiculous though is it? Go to nearly any town or city in this country and they all have the same crappy chain pubs / cafes / bars / shops.


We don't here in Cry Pal, very few chains actually.

Plenty of places have plenty of chains of course, but this has been going on decades, nothing to do with this budget.

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:15 - Oct 30 with 2652 viewshomer_123

Loudest cheer in the commons is for the cut in draught duty… on 15:04 - Oct 30 by GlasgowBlue

With a charity shop on one side and an empty shop on the other.


The issues faced by the High Street are more to do with changing habits than anything.

As a country, shopping is no loner the past time it once was - you simply aren't going to get the footfall on the high street there once was.

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Loudest cheer in the commons is for the cut in draught duty… on 15:17 - Oct 30 with 2643 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:04 - Oct 30 by GlasgowBlue

With a charity shop on one side and an empty shop on the other.


That'll be from under 14 years of the last government, not the last 4 months of the new one.

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:20 - Oct 30 with 2624 viewsGlasgowBlue

Loudest cheer in the commons is for the cut in draught duty… on 15:17 - Oct 30 by The_Flashing_Smile

That'll be from under 14 years of the last government, not the last 4 months of the new one.


I didn't suggest otherwise. Wait until you local restaurant closes down and a chain starts charging you £125 for bangers and mash, rather than your usual ninety quid.

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Loudest cheer in the commons is for the cut in draught duty… on 15:20 - Oct 30 with 2623 viewsportmanking

Forget draughty duty, worry more about the gilt yields surging as the markets digest the immense borrowing and slender budget targets over the next 3-5 years...
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Loudest cheer in the commons is for the cut in draught duty… on 15:21 - Oct 30 with 2614 viewsJ2BLUE

Loudest cheer in the commons is for the cut in draught duty… on 15:15 - Oct 30 by homer_123

The issues faced by the High Street are more to do with changing habits than anything.

As a country, shopping is no loner the past time it once was - you simply aren't going to get the footfall on the high street there once was.


Working from home is also a big thing. It sounds harsh but independent cafes etc will need to adapt or stop trading. The new flexible working regulations are not going to help footfall.

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Loudest cheer in the commons is for the cut in draught duty… on 15:21 - Oct 30 with 2609 viewsRyorry

Loudest cheer in the commons is for the cut in draught duty… on 15:01 - Oct 30 by The_Flashing_Smile

You think a saving of 1p a pint is going to make people go on crazy booze-benders?!


It's just the wrong message.

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Loudest cheer in the commons is for the cut in draught duty… on 15:24 - Oct 30 with 2594 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:15 - Oct 30 by homer_123

The issues faced by the High Street are more to do with changing habits than anything.

As a country, shopping is no loner the past time it once was - you simply aren't going to get the footfall on the high street there once was.


Indeed.

On a related note - people complain about the declining high streets but I've had 4 or 5 instances over the last year or so where I wanted something... and couldn't even find it on the high street. I had to go online. Too much of the high street is full of cheap cr@p, no wonder people are going elsewhere.

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:28 - Oct 30 with 2565 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:20 - Oct 30 by GlasgowBlue

I didn't suggest otherwise. Wait until you local restaurant closes down and a chain starts charging you £125 for bangers and mash, rather than your usual ninety quid.


My mistake, I thought this was a thread about the budget rather than a general moan about the high street.

We don't have chain restaurants here. Don't even have a Boots, Superdrug, McDonalds or a Wetherspoons. And the local restaurants, from what I can see, seem to be thriving. I think I'll be fine on the decent food front, thanks.

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:34 - Oct 30 with 2535 viewsBlueschev

Loudest cheer in the commons is for the cut in draught duty… on 15:02 - Oct 30 by NeedhamChris

Ah so the evidence that the Labour budget is going to cause this, is your claim that it's already happened?


It was more a general observation than anything else, High Streets have been going that way for years, this budget does little to change that either way.
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Loudest cheer in the commons is for the cut in draught duty… on 15:35 - Oct 30 with 2539 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:20 - Oct 30 by portmanking

Forget draughty duty, worry more about the gilt yields surging as the markets digest the immense borrowing and slender budget targets over the next 3-5 years...


"The key to the Chancellor’s UK budget presentation is the reaction of the gilts. A significant decline in 10-year yield demonstrates that the budget passes the 'Truss test', indicating the market, at the very least, sees the plan as reasonable."
- LOU BRIEN, MARKET STRATEGIST, DRW TRADING

"At this stage, massive tax rises have not spooked financial markets, and instead expectations that the budget deficit will shrink is having a mollifying effect on UK bonds."
- KATHLEEN BROOKS, RESEARCH DIRECTOR, XTB

Changes to Capital Gains Tax and Inheritance Tax, including business relief, will provide respite to investors and AIM listed companies will breathe a sigh of relief. At the macro level, the Office for Budget Responsibility’s growth forecasts are much higher than the Bank of England’s. It’s likely that gilt and equity markets will view the package as not as bad as it could have been.
- NEIL BIRRELL, CHIEF INVESTMENT OFFICER, PREMIER MITON INVESTORS, UK:

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:36 - Oct 30 with 2527 viewsGlasgowBlue

Loudest cheer in the commons is for the cut in draught duty… on 15:28 - Oct 30 by The_Flashing_Smile

My mistake, I thought this was a thread about the budget rather than a general moan about the high street.

We don't have chain restaurants here. Don't even have a Boots, Superdrug, McDonalds or a Wetherspoons. And the local restaurants, from what I can see, seem to be thriving. I think I'll be fine on the decent food front, thanks.


You need to read what was written. Hospitality hasn't fully recovered from Covid (4 years ago) and this budget will cause extra financial burdens on an industry that is already struggling.

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Loudest cheer in the commons is for the cut in draught duty… on 15:37 - Oct 30 with 2517 viewsFrimleyBlue

Loudest cheer in the commons is for the cut in draught duty… on 15:17 - Oct 30 by The_Flashing_Smile

That'll be from under 14 years of the last government, not the last 4 months of the new one.


TBH it's not really anything to do with any government

Life changed for the high street, the first moment supermarkets started stocking everything from TV's to Glasses' to clothes, to food, and then Amazon and the internet came into popularity.

I don't think there's anything any Government can do to bring high streets back to what they were as they just won't be used, there's no need for it.

The internet was the best and worst thing to happen to the world imo

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Loudest cheer in the commons is for the cut in draught duty… on 15:40 - Oct 30 with 2509 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:21 - Oct 30 by Ryorry

It's just the wrong message.


That's not what you said. You said, "far from supporting the NHS, isn't it just going to result in increased drinking & therefore eventually even further strain on it?' That's rather more than just "the wrong message".

All I saw the 1p off a pint as was something to cheer, in these gloomy times, for ordinary people. I don't think it's going to make a huge amount of difference to drinking habits or the health of the nation.

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:42 - Oct 30 with 2492 viewsFrimleyBlue

Loudest cheer in the commons is for the cut in draught duty… on 15:40 - Oct 30 by The_Flashing_Smile

That's not what you said. You said, "far from supporting the NHS, isn't it just going to result in increased drinking & therefore eventually even further strain on it?' That's rather more than just "the wrong message".

All I saw the 1p off a pint as was something to cheer, in these gloomy times, for ordinary people. I don't think it's going to make a huge amount of difference to drinking habits or the health of the nation.


Wasn't the point to try and reduce drinking habits rather than keep them the same?
A reduction itsn't going to increase it, but it's also not exactly gonna put people off either.

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Loudest cheer in the commons is for the cut in draught duty… on 15:46 - Oct 30 with 2484 views_clive_baker_

Loudest cheer in the commons is for the cut in draught duty… on 15:42 - Oct 30 by FrimleyBlue

Wasn't the point to try and reduce drinking habits rather than keep them the same?
A reduction itsn't going to increase it, but it's also not exactly gonna put people off either.


The rise in national minimum wage will more than offset a tax cut on booze. If people are waiting for costs of any consumer product to come down from these levels they'll be disappointed.
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Loudest cheer in the commons is for the cut in draught duty… on 15:47 - Oct 30 with 2481 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:36 - Oct 30 by GlasgowBlue

You need to read what was written. Hospitality hasn't fully recovered from Covid (4 years ago) and this budget will cause extra financial burdens on an industry that is already struggling.


No need to be condescending. I read what was written.

"From 2026-27 permanently lower tax rates for retail, hospitality and leisure properties would be introduced. Shops, cafes and pubs in England also got a reprieve from a jump in business rates next year with Reeves extending a relief scheme introduced during the COVID pandemic. She announced 40% relief for eligible retail, hospitality and leisure businesses..."

https://www.reuters.com/world/uk/uks-reeves-extends-englands-business-rates-reli

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 15:48 - Oct 30 with 2488 viewsAshfordBlue

There will be no pub in the country that reduces the price of a pint by 1p. Once you factor in the NI and minimum wage rises you will probably end up paying more for a pint!
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Loudest cheer in the commons is for the cut in draught duty… on 15:51 - Oct 30 with 2465 viewsThe_Flashing_Smile

Loudest cheer in the commons is for the cut in draught duty… on 15:42 - Oct 30 by FrimleyBlue

Wasn't the point to try and reduce drinking habits rather than keep them the same?
A reduction itsn't going to increase it, but it's also not exactly gonna put people off either.


I don't think a few pence on or off a pint is going to make much difference, only education will do that.

If they'd whacked up the price in order to discourage drinking there would be uproar.

Trust the process. Trust Phil.

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Loudest cheer in the commons is for the cut in draught duty… on 16:08 - Oct 30 with 2426 viewsSwansea_Blue

Loudest cheer in the commons is for the cut in draught duty… on 15:04 - Oct 30 by Bigalhunter

Can’t see that a penny off a pint is going to suddenly result in everyone having an extra five or six pints on a weekend..


Speak for yourself!

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Loudest cheer in the commons is for the cut in draught duty… on 16:18 - Oct 30 with 2387 viewsBenters

Loudest cheer in the commons is for the cut in draught duty… on 15:20 - Oct 30 by GlasgowBlue

I didn't suggest otherwise. Wait until you local restaurant closes down and a chain starts charging you £125 for bangers and mash, rather than your usual ninety quid.


Boom! Thank you and good night 😂😂

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Loudest cheer in the commons is for the cut in draught duty… on 16:19 - Oct 30 with 2380 viewsBenters

Loudest cheer in the commons is for the cut in draught duty… on 15:37 - Oct 30 by FrimleyBlue

TBH it's not really anything to do with any government

Life changed for the high street, the first moment supermarkets started stocking everything from TV's to Glasses' to clothes, to food, and then Amazon and the internet came into popularity.

I don't think there's anything any Government can do to bring high streets back to what they were as they just won't be used, there's no need for it.

The internet was the best and worst thing to happen to the world imo


You are spot on👍

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Loudest cheer in the commons is for the cut in draught duty… on 16:42 - Oct 30 with 2319 viewscatch74

Loudest cheer in the commons is for the cut in draught duty… on 14:51 - Oct 30 by Ryorry

I love my beer, but (sorry to be controversial) this seems absolutely nonsensical to me - far from supporting the NHS, isn't it just going to result in increased drinking & therefore eventually even further strain on it?


I think that’s why they’ve limited it to draught. I think a lot of evidence points to drinking in a pub environment as opposed to at home is a lot healthier. The government could maybe have gone further and taxed supermarkets be evenly with pubs etc. It’s pointless worrying about a few p less on a £6 l/7 pint when you can buy a bottle of vodka for about that much in a supermarket.

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