Leading members of the UK's hospitality sector have written to the Chancellor, warning of “business closures, job losses and cancelled investment” unless immediate action is taken.
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The Autumn Budget’s employment tax measures will raise the cost of employing full-time staff by at least £2,500, according to an analysis released by UKHospitality.
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Wine and spirit businesses are calling on the government to freeze alcohol duty for at least two years, arguing it will help offset declining revenues and support public finances.
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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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Reports from the national press suggest that the premium on sparkling wine duty could be scrapped by chancellor Rishi Sunak in the upcoming Autumn Budget in a move which could bring sparkling wine duty in line with still.
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Britain’s gin makers are calling on Chancellor Rishi Sunak to freeze spirit duty and extend hospitality’s VAT cut to alcoholic drinks to help boost British business.
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The Scotch Whisky Association (SWA) has called on the UK government to support the industry at home through a continued duty freeze in the Autumn Budget.
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