LondonNet News Headlines
26/11/01
Boozers to Benefit from Brown's Budget
- Chancellor pledges to help armed forces, pensioners and beer-drinkers

BEER drinkers and gamblers are among those set to benefit from Gordon Brown's budget, according to his pre-budget report released today.

The chancellor pledges to cut duty on beer produced by small independent brewers and put an end to VAT on football pools, as outlined in the pre-budget document entitled Building A Stronger Fairer Britain In An Uncertain World.

Pensioners are in line for a cold weather payment of UKP200 every winter throughout the current Parliament, while security services and the armed forces are to be granted an extra UKP120 million to aid with the campaign against terrorism.

But the chancellor faces a bill of a possible UKP3.5 billion to cover the railtrack crisis, as well as having to stump up sums of money to help businesses hit by the foot-and-mouth epidemic, not to mention the mounting costs of the Afghan campaign.



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