Chancellor Rachel Reeves is considering increasing alcohol duties in next month's Budget. Reports indicate this move could raise an additional £800 million for public finances.
Industry sources warn that higher alcohol duties may lead to decreased tax revenues, as customers may respond to increased prices by reducing their purchases.
Reeves acknowledged the challenges ahead, stating the Budget will involve tough choices on tax, spending, and welfare, amid a £22 billion public finance gap.
Health charities advocate for extra taxes on unhealthy food items, suggesting a broader approach to public health funding by taxing sugar and salt.
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