Panellists at the Wine and Spirits Trade Association Trust’s (WSTA) second summit session advocated for government support on traceable technology for the movement of goods – while dropping plans for costly and time consuming paper VI1 forms.
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Food sales went through the roof in the first three weeks of the government’s The Eat Out to Help Out (EOHO) scheme, helping to normalise going out for Brits and jumpstarting the UK hospitality industry back towards health and prosperity.
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UK diners have been quick to adopt the Treasury’s plan to boost the hospitality industry by taking advantage of the Eat Out to Help Out scheme.
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A restructure could be on the cards for the English and Welsh spirits sector, as pressure from an impending recession begins to squeeze brands at either end of the price spectrum. Jo Gilbert reports
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Legal advice has been issued to drinks businesses who are now looking to rely on the government’s promise to cover 80% of salaries (up to a limit of £2,500) a month to furloughed members of staff during the current coronavirus (Covid-19) health crisis.
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The British gin boom is far from over, if the latest distillery numbers from HMRC are any guide.
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Wine duty receipts fell back 2.1% in the first six months of the financial year, according to data released by the government.
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WineGB has welcomed the move from a number of MPs for more support for the UK’s small vineyards.
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The value of the total gin category has hit £3bn suggesting that the gin bubble has yet to burst.
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The British Distillers Alliance has claimed the HMRC teams dealing with new distillery and excise warehouse applications are either “losing all the paperwork or significant portions” of it.
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The gin market is a whirlwind of activity. According to the Wine and Spirit Trade Association (WSTA), Brits bought over 60 million bottles worth over £1.6 billion in the year to June 2018, up 38% on the same period the previous year.
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Those expecting to see gin fall from its pedestal will have to wait a little longer.
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A change to legislation in the 2018 Budget policy document could have a significant impact on products made from concentrate in the UK, including British made wine, low abv wines, RTDs, sherry-style drinks and flavoured ciders – anything which is diluted after fermentation.
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The UK has further cemented its status as the largest exporter of gin in the world with yet another record-breaking start to the year.
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Ever wondered how much wine and spirits the UK exports to Sweden?
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Cash strapped wholesaling group Conviviality has announced it is in talks to begin equity fundraising in to plug a £30m tax shortfall which is due on March 29.
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Pernod Ricard has renewed its long-standing partnership with Wincanton in the UK.
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Scotch is one of the UK’s most formidable trademarks, with a global export presence worth £1.8 billion in the first half of 2017, according to HMRC.
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Bypassing the traditional middleman can be tempting for indie merchants says Chris Wilson, who looks at the highs and lows of importing direct.
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Sales of spirits brought more money to the Treasury than beer for the first time ever, according to the latest HMRC figures released this morning.
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