The Chancellor George Osborne has today cut the duty on cider and spirits by 2%, frozen duty on wine and cut beer by a penny a pint for the third year running in his last pre-election Budget.
Read more...As the Chancellor prepares to deliver his last pre-election Budget to the House of Commons today, the drinks industry waits nervously to find out if this year's campaign has persuaded him to Drop the Duty!
Read more...The drinks industry has welcomed the Chancellor's decision to cut the duty on spirits and cider.
Read more...Miles Beale, chief executive of the Wine and Spirit Trade Association has commended the drinks industry for uniting behind the WSTA's Drop the Duty campaign and producing a compelling case for a 2% cut in duty.
Read more...Cutting duty on wine might swing the election, a new poll has claimed.
Read more...Domestic sales of whisky have fallen nearly 5% in the last year, according to new figures from the Scotch Whisky Association.
Read more...Waitrose saw operating profits fall 23.4%, on the back of increased investment in operations and amid a deflationary market.
Read more...Family run Oakley Wine Agencies, which specialises in Portuguese wines, posted 20% growth over the last 12 months despite facing a challenging trading market with supermarkets.
Read more...Morrison's results were broadly in line with expectations, City analysts agreed - but incoming chief executive David Potts faces a tough year.
Read more...Morrisons has posted an annual pre-tax loss of £792m, as total turnover fell 4.9% to £16,816m in the 52 weeks to 1 February 2015.
Read more...Italian drinks group Gruppo Campari saw sales rise 2.4% in 2014 - but group net profit fell 13.9% to €43.2m, following one-off costs involved in recent acquisitions and an unfavourable exchange rate.
Read more...Invivo claims it will be the first New Zealand winery to launch an equity crowdfunding offer as it hopes to raise a maximum $2million NZD (just under £1 million) with the help of shareholders, including UK chat show host, Graham Norton, to spearhead its future growth.
Read more...Leading front bench MP Sadiq Khan has followed up a Harpers request to lobby the Chancellor for a 2% cut in alcohol duty for wine and spirits and back the Wine & Spirit Trade Association-led Drop the Duty campaign.
Read more...The euro has been having a rough time of it lately, which has implications for the wine world and may cause things to change over the next couple of months.
Read more...Denis O'Flynn, managing director of Pernod Ricard UK, talks about his plans as the new chairman of the Wine & Spirit Trade Association.
Read more...
Brown Forman's reported underlying net sales grew by 5% and operating income increased by 7% for the first nine months of fiscal 2015 ending on January 31, 2015, despite the headwinds of a strengthening US dollar and unfavourable foreign exchange.
Read more...A French vineyard that launched a crowdfunding campaign has already attracted the record number of investors.
Read more...An English wine producer has had over 5,000 bottles of English wine stolen from its bonded warehouse in Sussex.
Read more...Treasury Wine Estates has seen profits tumble nearly 60% - but boss Michael Clarke insists the company is making progress in "resetting" the troubled business.
Read more...Dixons Carphone deputy chairman John Allan has been appointed to lead Tesco's board of directors as Richard Broadbent departs.
Read more...
