UK to overhaul alcohol taxes

Keeping the beer drinking brexiteers happy and distract them.

The land of optimism haha

After that budget announcement, Rishi Sunak and Boris Johnson went to a small London brewery, where they brandished 30 litre kegs, he-man style, for a photo op. It was only later pointed out to them that the kegs were 10 litres too small to qualify for the 3 pence per pint tax cuts.

Meanwhile in a not-so-sunlit upland:

The impact of Brexit on the UK economy will be worse than that caused by the pandemic, according to the chairman of the UK fiscal watchdog.

Richard Hughes said the Office for Budget Responsibility (OBR) had assumed leaving the EU would “reduce our long run GDP by around 4%”, adding in comments to the BBC: “We think that the effect of the pandemic will reduce that (GDP) output by a further 2%.”

Ouch!