Starting Saturday, the government is increasing alcohol duties in line with inflation and taxing based on drink strength (ABV), causing prices for wine and spirits to rise. The duty on stronger drinks has seen sizable increases, while draught pints benefit from a small 1.7% decrease. Trade bodies warn this could harm both consumer spending and producer revenue. Pubs face additional pressures from rising costs associated with National Insurance and wage hikes, leading to potential price increases for customers in the midst of high living costs.
The cost of wine and spirits is increasing due to a rise in alcohol duty linked to inflation and ALB, impacting both consumers and producers significantly.
While draught beer sees a slight duty decrease, wine and stronger drinks face substantial hikes that could lead to reduced consumption, threatening revenue.
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