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.
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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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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.
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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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2010-2020 delivered incredible change on both a domestic and an international level. The Harpers team peers back at some of the key stories that continue to shape today’s trade
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The Wine & Spirit Trade Association (WSTA) has reiterated its call for a cut in duty.
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The last hike in wine duty delivered an own goal, denting government revenues. Andrew Catchpole asks if a limit has been reached
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Tariffs on French wine entering the US could be subjected to 100% tariffs, authorities have warned, following an investigation into whether a new technology tax in France unfairly targets American companies.
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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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Running west along London’s Southbank on the section after the London Eye, with the Houses of Parliament to the right across the River Thames and just before Lambeth bridge, I came across a red van selling hot drinks. The side of the van was emblazoned with the words SINGLE ORIGIN HOT CHOCOLATE.
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The Scotch Whisky Association (SWA) has welcomed the Conservative pledge to review tax paid on a bottle of whisky.
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The unequal distribution of duty on wine and beer is biased against women, according to research conducted on behalf of campaign group Wine Drinkers UK.
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The Wine and Spirit Trade Association (WSTA) has announced its full line up of experts poised to take the stage at the 2019 Industry Summit.
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Nearly 80,000 jobs in the US drinks sector could go if the US government targets wine and spirits in its tariff dispute with the EU, the industry has warned.
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Bruno Le Maire, France’s minister of finance, has rejected a threat from US President Donald Trump to impose a levy on imports of French wine into the US.
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Conviviality has confirmed its likely to go out of business if its fundraising bid to raise £125 million fails.
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Cash strapped wholesaling group Conviviality has announced it is in talks to begin equity fundraising in to plug a £30m tax shortfall which is due on March 29.
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Duty on wines, spirits and beers is to be frozen, Chancellor Philip Hammond announced in today’s budget, allaying trade fears of another rise in line with inflation.
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Budget speak explained by the WSTA
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Just one in 10 of the British public believe that increased taxes on alcohol goes towards helping people who misuse alcohol, according to new research by Drinkers’ Voice released today.
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