WSTA Summit: ‘Once in a lifetime’ opportunity for excise duty review

Miles Beale, chief executive of the Wine and Spirit Trade Association (WSTA) has highlighted the potential of an upcoming government review into excise duty, which could have a major impact on the robustness of the industry to face challenging times.

Suppliers seek clarity over support

Key suppliers to the shuttered on-trade have called on the government to help them survive Covid-19, pointing both to clarification on reopening measures and greater financial support.

Living with lockdown – Enotria & Coe

Troy Christensen, CEO at Enotria & Coe, talks frankly with Andrew Catchpole about the impact of the current crisis on on-trade suppliers and the daunting challenges ahead for the hospitality sector.

CEEV puts together “wine package” to mitigate Covid-19 effects on EU industry

The Comité Européen des Entreprises Vins (CEEV) has put together a Covid-19 ‘wine package’ in order to mitigate the devastating effects of the pandemic – present and future – on the wine sector.

WSTA survey reveals ‘overwhelming’ support for tax break

Almost 95% of companies taking part in a new members survey by the WSTA have agreed with the industry body’s call on the government to suspend excise duty for six months.

WSTA ‘assumes' duty payments due today (25 March)

The WSTA, which has relentlessly called on the Chancellor to suspend duty payments, last night said it assumed the payments would be due today (25 March) with no formal response from the Treasury to suggest otherwise.

Government confirms lease forfeiture moratorium for commercial businesses

The government has confirmed that it has extended the residential moratorium on lease forfeiture and debt enforcement to commercial leases.

Drinks companies join forces to plea for duty suspension

An initial 32 drinks companies (all WSTA members) have joined forces to plea for a cash lifeline, calling collectively on the Chancellor to suspend duty.     

Hospitality industry reiterates urgency of lease forfeiture moratorium

The hospitality industry has reiterated the urgency of the implementation of a six-month lease forfeiture moratorium for commercial businesses to prevent landlords taking control of premises in the event of non-payment of rents. 

Industry calls for alcohol duty suspension for at least six months

The Wine and Spirit Trade Association (WSTA) is calling on officials to urgently suspend all alcohol duty to ease the tax burden on beleaguered businesses ahead of next week’s deadline. 

Budget: Coronavirus relief for SMEs and employees

UK Chancellor Rishi Sunak delivered a bold response to the coronavirus crisis in his 11 March budget, with a raft of measures to support SMEs (small and medium-sized enterprises) and their employees.

Budget: Chancellor announces freeze on all alcohol duty

Duty on wines, spirits and beers is to be frozen, new Chancellor Rishi Sunak announced in today’s budget, allaying trade fears of another rise in line with inflation.

Threat of ‘WineExit’

EU producers should lobby in tandem with UK importers for the best mutual outcome, stresses Harpers’ Brexit panel at Wine Paris

Last call on government to cut duty

A group of 14 MPs has made a last call to the government to cut duty ahead of Wednesday’s Budget.

Wine Drinkers UK urges Chancellor not to discriminate against working class and women

Wine Drinkers UK has called on the new Chancellor not to discriminate against the working class and women ahead of the next Budget on 11 March.

Friday Read: Hospitality is in for a rough ride

Wine duty hikes, currency devaluation, Brexit uncertainty – the Conservative government has been no friend of the wine trade. When the previous budget was unveiled in 2019, wine was the only drinks category to be hit with a duty rise. It was another ill-timed kick in the teeth for the trade, at a time when businesses were already coping with escalating overheads and staff shortages.

Rising price of wine threatens half of UK shoppers

The average retail price of a bottle of still wine will break the £6 barrier in the UK for the first time this year, according to new figures from the WSTA.

WSTA reiterates call for duty cut

The Wine & Spirit Trade Association (WSTA) has reiterated its call for a cut in duty.    

Duty increase backfires

The last hike in wine duty delivered an own goal, denting government revenues. Andrew Catchpole asks if a limit has been reached

London restaurateurs call for wine duty cut