Philip Hammond is being labelled a “scrooge” after it was revealed he will be one of the worst Chancellors to tax the wine and spirit sector if he pursues the planned increase in the Budget tomorrow (Wednesday, 22 November).
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It’s a tale of corporate mismanagement to rival the worst.
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Budget speak explained by the WSTA
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UK wine businesses have joined forces to call for a freeze to wine duty at the Budget next week.
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Trade associations have called on Chancellor Philip Hammond not to increase duty rates for the second time in a year.
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Major English and Welsh wine producers have joined forces with the Wine & Spirit Trade Association (WSTA) to lobby the Chancellor for a cut to wine duty in the November Budget.
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European and UK bodies responsible for the wider wine and spirit industry have joined together to publish a joint position paper to outline their stance on Brexit.
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The Wine & Spirit Trade Association (WSTA) has warned of further wine and spirit price hikes if the Chancellor fails to freeze duty in the November Budget.
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At the recent WSTA Conference the trade called for greater clarity over a potential Brexit deal. Andrew Catchpole reports
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The WSTA has continued its rallying cry to the government to support producers of British gin, by convincing the 1922 Committee on board to make its own blend.
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The WSTA’s Miles Beale called on the government for “more active partnership, more communication and to get more done” at its annual conference in London on Tuesday, which delivered insights into the complexity of Brexit, along with the gulf of uncertainty that still exists for the UK drinks trade.
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Sales of still wine in the off-trade saw record value growth in the last quarter new figures show, as well as the largest increase in average prices since April 2014.
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The Wine & Spirit Trade Association (WSTA) has called on the government to “stop punishing consumers” as its latest market report, released today, revealed the impact of the triple whammy price hike.
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The final panelists for the WSTA’s international trade-themed annual conference have been revealed.
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Hot on the heels of gin, rum is the latest spirit set to reach sales of £1 billion later this year.
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Dan Townsend’s successor at Treasury Wine Estates (TWE) has joined the board of the Wine and Spirit Trade Association (WSTA).
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The Wine and Spirit Trade Association’s chief executive Miles Beale has flagged up the “deep seated” concerns of drinks industry leaders over the Government’s apparent lack of clear strategy over Brexit.
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Throughout my time around the wine trade, one fundamental aspect of its make-up has been constantly swept under the carpet. Alcohol. I have seen members of the trade battle addiction issues; engage in drink-driving, embarrass themselves through over-indulgence. And that’s before one turns to the damage wreaked in wider society. Yet never have I heard the topic discussed at any length or in any depth; we’d sooner spend hours debating terroir and tartaric acid.
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The WSTA has responded to concerns around May’s promise of a "no deal" Brexit, warning it could leave the UK on a “cliff-edge”.
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With change the only certainty of Brexit, the trade needs to prepare for likely eventualities and present a united front.
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