The UK Spirits Alliance (UKSA), representing hundreds of small businesses across the UK, has called on the government to back hospitality and distilleries by freezing duty on spirits at the Autumn Statement.
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Wine and spirit businesses continue to urge the chancellor to freeze alcohol duty at the Autumn Statement.
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Ahead of the Autumn Statement on 22 November, senior figures in the wine industry are voicing their concerns amidst fears of a second alcohol duty rise in the space of four months.
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Wine and spirit businesses are calling on the chancellor to freeze alcohol duty until the end of parliament, when Jeremy Hunt delivers his Autumn Statement on 22 November.
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Representatives of more than 400 businesses have written to the chancellor demanding an alcohol duty freeze in the Autumn Statement.
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Jo Gilbert reports on the results of Harpers’ latest survey, where we asked independent retailers to let us know which cost pressures are affecting them most – with inflation and duty unsurprisingly leading the charge.
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The UK’s free trade deals with Australia and New Zealand will come into effect at the end of the month as the Commonwealth allies enter talks ahead of the coronation of King Charles III.
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According to new YouGov research, over three-quarters of Tory party members want tax on wine to be frozen at its current rate or reduced.
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Following months of lobbying from the trade, the government yesterday (July 20) delayed its alcohol duty review till the Autumn.
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When chancellor Rishi Sunak announced his proposed changes to alcohol duty in the October Budget, he described them as the “most radical simplification of alcohol duties for over 140 years”. Under the present system, there are three duty rates on wine – one for still wine, a slightly higher one for sparkling wine and an even higher one for fortified wine.
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As the latest Wine Drinkers UK communique suggests, taxing alcohol is set to cost the wine industry an estimated £300 million and push up prices for UK consumers, without bringing any significant boost to Treasury funds.
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With the wine trade potentially facing a damaging new duty regime, Andrew Catchpole convened a panel at Wine Paris to ask: “Will the proposed new excise duties in the UK make wine unaffordable?”
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UK Hospitality (UKH) has called on the government to provide further support for the sector by improving access to capital and to stick to the roadmap of lifting all restrictions from 21 June.
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Duty on wines, spirits and beers is to be frozen, Chancellor Rishi Sunak announced in today’s Budget.
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Up to 310,000 jobs across the hospitality and tourism sector are at risk without an extension of the reduced 5% VAT rate, a new survey has revealed.
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Trade bodies across the industry have welcomed the Chancellor’s latest support package for businesses announced yesterday afternoon.
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UK Hospitality (UKH) has welcomed the new support for closed hospitality businesses but said that support for others must go further, repeating its call for a much more comprehensive package of support for the whole sector to cover rent and other overheads.
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Trade bodies have urged the government to provide more sector targeted support following Chancellor Sunak Rishi announcement of the Winter Economy Plan earlier today.
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Chancellor Rishi Sunak has confirmed the details of the government’s Winter Economy Plan, including a new Job Support Scheme that will replace furlough when it closes on 31 October, and an extension of the VAT break for hospitality until 31 March 2021.
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More than 53,000 restaurants, bars and cafes across the UK have signed up to the government’s Eat Out to Help Out Scheme offering diners a 50% discount during August.
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