'This catastrophic Budget will push up the price of a pint'

Quick Summary:

Hiking the amount employers pay in National Insurance, coupled with other cost rises, has sparked fury from businesses.

Simon Emeny, chief executive of Fuller's which owns about 400 pubs and hotels and employs almost 5,000 people, said he was "just utterly disappointed" by the chancellor's choices.

We're looking at a 30 to 40p increase on a pint because of employment costs."We all expected a rough ride, we know that difficult decisions had to be made.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Business

Markets: United Kingdom

Topics: Insurance People National Budget Pint Businesses Rise Employers Pubs Prices

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 12:32:12 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 948 words

Reading Time: 6 minutes read

Sentences: 30 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23349965

View Article Analysis

About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 5 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

Publisher Details

Frequently Asked Questions