The brewing and pub sector makes a huge economic contribution to the local area, figures from a study commissioned by the British Beer and Pub Association show. The sector supports 1,264 jobs and provides £29.3m in value to the local economy.
Local MP David Tredinnick attended an event in the House of Commons today where the figures showing this positive economic impact were revealed by the BBPA. The study was carried out by leading independent analysts, Oxford Economics.
Across the country the beer and pub sector supports almost 900,000 jobs and adds £23bn in value to the UK economy.
David Tredinnick said, "I am a long time supporter of the beer and pub sector because I recognise both its economic and social benefits.
“Pubs around Hinckley and Bosworth are often a hub for communities and provide employment for local people. Indeed, many young people get their first experiences of work in pubs. The huge contribution made by brewers and pubs to the local, regional and national economies requires proper recognition and all possible support.”
Brigid Simmonds, Chief Executive of the BBPA, said, "The positive economic impact of brewing and pubs on the UK economy is clear for all to see, but on a local level the large number of people earning a living from the trade has a huge impact. We are calling on the Chancellor to recognise the contribution of our sector by reversing his decision to increase beer taxes earlier in the year and taking action on business rates.
“These figures drive home how important our sector is for a vibrant and thriving local economy, alongside the huge importance of pubs to our local communities."