Clause 2 - Rate of duty on beer
Finance Bill
10:15 am
Mr John Healey (Economic Secretary, HM Treasury; Wentworth, Labour)
As I said, we have discussed the matter with the industry in recent months and we have looked at the industry's analysis of shifting consumption patterns. I would not describe it as a problem, as the hon. Gentleman does, but it is clearly an emerging feature. We are studying, analysing and assessing it as it becomes clear.
I am aware that there is, in part, a shift that is contributing to the pressures on the beer and pub industry, which plays an important part in the economy, our heritage and, for those of us who like a pint or two, our leisure time. This is a modest, inflation-only increase, which recognises the industry's concerns but maintains an important stream of revenue that is necessary to maintain our commitment to improving public services. I hope that the Committee will support the measure.
Question put and agreed to.
Clause 2 ordered to stand part of the Bill.
Clause 3 ordered to stand part of the Bill.