The Budget has been announced and many people are still cheering about the extra money being given to schools and the NHS, which a few believe is long overdue. But where will that extra money come from?

Philip Hammond, the Chancellor of the Exchequer, has announced measures that could potentially costing the pub network £125 million, as ‘previously planned upratings’ will still go ahead for beer, cider, wine and spirits,

With this 3.9% increase in duty, or an extra 2p a pint, set to have a major impact on pubs, the small relief in ratings was not taken to as kindly as hoped. Miles Beale, chief executive of the WSTA (Wine and Spirits Trade Association), was quoted in City A.M saying; ‘It is disappointing that the chancellor has failed to support a great British industry. He has increased what were already excessive and unfairly high rates of duty for the UK’s wine and spirit consumers and businesses.’

This all means that beer will be up 2 pence a pint, cider 1 pence a pint, Scotch whisky will increase by 36 pence a bottle and a bottle of wine will be 10 pence more expensive.

The relief in ratings was announced that  all pubs with a rateable value of under £100,000, which makes up 90% of all establishments, will be given a £1,000 ratings cut. This is a move to aid smaller pubs, many of which have disappeared thanks to the recession.

It has however long been known that alcohol is detrimental to health so is this slight rise in price a way to try and get people drinking less alcohol?