Cheers to that! Kwarteng rolls out the barrels and SCRAPS planned alcohol duty rises

Cheers to that! Kwarteng rolls out the barrels and SCRAPS planned alcohol duty rises for pubs saving drinkers 7p on a pint of beer and £1.35 on a bottle of wine

The Chancellor handed a boost to drinkers today by announcing the planned alcohol duty rises would be cancelled as part of a budget packed with £45billion worth of tax cuts.

The Treasury claimed the freeze would save £600million and be equivalent to 7p on a pint of beer, 4p on a pint of cider, 38p on a bottle of wine and £1.35 on a bottle of spirits. 

Rishi Sunak, the former chancellor, announced in February that he would tax beverages based on their alcohol strength in a move experts warned could have cost wine drinkers alone up to £300m extra in spending. 

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