2010 Budget: bad news for cider drinkers and pension scheme trustees

    March 2010

    If you are a cider drinker then yesterday's budget wasn't good news. Cider duty will rise by 10% above inflation from midnight on Sunday. This news has captured public imagination and dominated the media. Yesterday also saw the issue of the Government's consultation response 'Implementing the restriction of pensions tax relief' - the implications of this have received rather less attention so far.