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.
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A group of 14 MPs has made a last call to the government to cut duty ahead of Wednesday’s Budget.
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The government’s damaging immigration policy will further exacerbate the staffing crisis in an already beleagured on-trade. Chris Losh takes aim...
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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.
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Consumer businesses are overwhelmingly confident that the government will negotiate a good Brexit deal, according to a new survey from financial services consultancy RSM.
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The Wine & Spirit Trade Association (WSTA) has reiterated its call for a cut in duty.
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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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The government has agreed to temporarily suspend the introduction of forms which were feared to create an extra layer of red tape for the wine industry in what is shaping up to be an increasingly disorderly Brexit.
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The ASA has banned adverts for a cannabis-oil infused rum, in a ruling that could have implications for the marketing of the fast-growing CBD-drinks sector.
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Scottish MPs have demanded that Boris Johnson speaks directly to US president Donald Trump to avert the imposition of 25% import tariffs on Scotch.
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The Wine and Spirit Trade Association (WSTA) used its 2019 Industry Summit as a platform to urge the government to act on the concerns of the industry, also highlighting the “lack of political leadership replaced by heavy handed political manoeuvring”.
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A hard Brexit is poised to land the wine trade with a £70m bill following the government pulling the cork on plans to suspend costly paperwork in the case of a no-deal scenario, according to the Wine and Spirit Trade Association (WSTA).
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Scotch whisky must retain its current protected status if the UK leaves the EU without a deal, Fergus Ewing, the Scottish government’s secretary for the rural economy, has said.
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Michael Saunders, chief executive of Bibendum PLB, has been appointed by the WSTA as its new chairman. He takes over from outgoing chairman, Dan Jago.
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The government has revealed plans to help ensure hospitality workers get all the tips left for them, but reactions to the news were mixed, reports Michelle Perrett.
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Winemakers in England and Wales have banded together to try and convince the government to rethink plans for a duty hike that could hamper exports and stifle growth.
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Brexit is the “most significant” short-term challenge facing the wine sector, Miles Beale, chief executive of the Wine & Spirit Trade Association (WSTA) told delegates at its conference yesterday (18 September).
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An international trade show backed by the Chinese government, which will focus on imported products, is poised to make its debut next month in Shanghai as the country prepares to “actively open its doors to the world”.
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The freeze on alcohol duty at last November’s Budget has given the Treasury a £67 million boost in just four months.
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The Wine and Spirit Trade Association (WSTA) has announced its director of UK policy and social responsibility, Carlo Gibbs, will be leaving later this summer.
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