Mark Twain once said that “History never repeats itself, but it does often rhyme.” In this case I hope we don’t breed the conditions, that start an avalanche of decline and closures. “There are fears that the government will increase alcohol duty yet again following the 10.1% increase for spirits in August. In an open letter, the Scotch Whisky Association (SWA), UK Spirits Alliance (UKSA), English Whisky Guild and Wine and Spirit Trade Association (WSTA) have warned Jeremy Hunt that a further increase in alcohol duty will damage British businesses, including those in the hospitality sector. The organisations represent more than 400 drinks producers across the country. The letter also details how the duty hike has impacted inflation, citing data from the Office for National Statistics (ONS) that suggests the increase caused the largest rise in UK inflation on record.” https://www.thespiritsbusiness.com/2023/11/businesses-demand-alcohol-duty-freeze/

Posted by iainbruce83 at 2023-11-06 23:15:54 UTC