
WSTA’s inflation prediction confirmed
Research shows alcohol duty hikes have negatively affected wine and spirits sales – and contributed to UK inflation rates. James Bayley looks into the figures.
Read more...Research shows alcohol duty hikes have negatively affected wine and spirits sales – and contributed to UK inflation rates. James Bayley looks into the figures.
Read more...Faced with falling wine and spirit sales and subsequent diminishing revenues to the Exchequer, the Wine & Spirit Trade Association (WSTA) has called upon the Chancellor to reduce duty on the sector in the 6 March Spring budget.
Read more...Tax revenues from so-called ‘sin taxes’ levied on alcohol, tobacco, gambling and sugary drinks have fallen to 3.1% of total UK tax receipts, according to HMRC figures for 2022-2023.
Read more...Last August’s duty hikes for wine and spirits have contributed to December’s unexpected rise in UK inflation, it has been revealed, as the Wine and Spirit Trade Association (WSTA) announces that the rate for the sector is now three times higher than it was this time last year.
Read more...As of yesterday (1 January 2024), several new wine reforms introduced by the government have taken effect, including the removal of importer addresses from wine labels.
Read more...Following another turbulent year for the drinks trade, Miles Beale, CEO of the Wine and Spirit Trade Association (WSTA), reflects on the highs and lows of 2023, plus the hopes and plans for businesses in the year ahead.
Read more...Recent results from a UK government testing programme have suggested a dramatic increase in the proportion of wine that contains multiple pesticide residues – up from 14% in 2016 to 50% in 2022.
Read more...The fifth Wine Paris & Vinexpo Paris is due to take place from 12 to 14 February 2024 at Paris Expo Porte de Versailles. The Vinexposium group’s flagship exhibition has announced it will welcome 3,900 exhibitors (+15%) and 40,000 (+28%) trade visitors for its 2024 event.
Read more...Wine and spirit businesses continue to urge the chancellor to freeze alcohol duty at the Autumn Statement.
Read more...As part of Europe’s Beating Cancer Plan, the largest modification to wine labelling in the EU in over a century comes into effect next month, forcing producers to embrace new technology, writes Jo Gilbert.
Read more...Wine and spirit businesses are calling on the chancellor to freeze alcohol duty until the end of parliament, when Jeremy Hunt delivers his Autumn Statement on 22 November.
Read more...Representatives of more than 400 businesses have written to the chancellor demanding an alcohol duty freeze in the Autumn Statement.
Read more...In what the government describes as a Brexit benefit, imported wine will soon have the option to be blended, carbonated, sweetened, and de-alcoholised in-market.
Read more...Following a public consultation, the government has set out reforms for the wine sector which will begin in 2024.
Read more...The Retail of Alcohol Standards Group (RASG) has published a new set of guidance to prevent underage drinkers from purchasing alcohol via home delivery services.
Read more...The Specialist Importers’ Trade Tasting can reveal that the WSTA’s Miles Beale and Simon Cairns will be joining Harpers at its autumn edition, taking place in both London (18 September) and Manchester (20 September).
Read more...The alcohol duty hikes on 1 August 2023 were the biggest the UK has seen in nearly fifty years and the changes will impact all wines across the country.
Read more...With wine duty set to increase by 20% and spirits duty by more than 10%, how might supermarkets offset these costs? James Bayley reports.
Read more...The Wine and Spirit Trade Association (WSTA) has spearheaded the development of the UK’s first low and no alcohol guides, amid exponential growth in the burgeoning sector.
Read more...Henry Jeffreys dives into the growing world of premium spirits and how newly elevated category heroes are creating a halo effect.
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