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 Wine & Spirit Trade Association (WSTA) has called on the Treasury to freeze wine and spirit duty and extend the hospitality VAT reduction in the Autumn Budget to allow the country to climb out of the Covid-19 slump.
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Having contingency plans and not relying on the rest of the world in order to manage risk was one of the key messages from this morning’s WSTA Industry Summit briefing, Recalibrating the ‘Norm’, with Lorraine Copes, founder of Be Inclusive Hospitality and George Yip, Emeritus prof. marketing & strategy, Imperial College Business School.
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In his opening address at the WSTA Industry Summit 2021, CEO Miles Beale took an imaginary look back at the past decade from 2031 to highlight the lobbying and initiatives that the industry body has planned or instigated.
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The Wine and Spirit Trade Association (WSTA) has unveiled an impressive line-up of speakers for its annual Industry Summit next week, due to take place virtually.
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Trade Secretary Liz Truss is considering introducing a 25% tariff on US wine imports as part of an ongoing trade conflict caused by Donald Trump imposing a 25% tariff on US steel imports in 2018.
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The Wine and Spirit Trade Association (WSTA) has won a significant post-Brexit victory after government has agreed to scrap the time consuming and costly VI-1 forms on imported wine.
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The great and the good of the rum world are gearing up for World Rum Day, taking place this Saturday 10 July in order to spread word of rum, which was named by the WSTA as the most loved cocktail spirit during 2020’s first lockdown.
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The Wine and Spirit Trade Association (WSTA) has submitted a response to the government’s consultation on damaging US tariffs, calling for the swift removal of tariffs on US whiskies.
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The Wine and Spirit Trade Association (WSTA) has welcomed a “positive and productive” meeting with Victoria Prentis MP where she is said to have understood the “value” of the wine and spirits industry and vowed to work closely on rebuilding post-Brexit and Covid.
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Argentinian wine and rosé were two of the alcoholic beverages which saw a “remarkable uplift” in retail sales during lockdowns and restrictions in 2020, according to the latest WSTA Market Report.
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Alcohol exports from the UK to the EU were in free fall for the first couple of months of this year, hit by the perfect storm of Brexit at the beginning of the year alongside Covid lockdowns across Europe continuing to shatter the on-trade, newly released data has revealed.
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Kingsland Drinks Group has appointed Denis O’Flynn, previously MD at Pernod Ricard UK and chairman of the WSTA, as a non-executive director of its board.
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The government has launched its second consultation into a Deposit Return Scheme (DRS) for England, Wales and Northern Ireland.
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The government has delayed the VI-1 wine certification for wine imported to the UK from the EU by six months.
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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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An infuriated wine trade has today delivered an ‘unprecedented’ collective letter to Victoria Prentis MP, calling for the scrapping of VI-1 forms when the easement provision ends on 1 July.
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Will the chancellor address the continuing controversy over punishing duty rates in the wine and spirits sectors in the 3 March Budget? Lisa Riley reports.
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Total volume sales of no/low alcohol beer, wine, spirits, and ready-to-drink (RTD) products are set to increase 31% by 2024, according to a No-and Low-Alcohol Strategic Study 2021 from IWSR Drinks Market Analysis.
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The Covid-19 pandemic has failed to halt the UK’s distillery boom with new figures showing a record number of distilleries were registered in 2020.
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