Market News
22 November 2023
By James Everson in thedrinksbusiness.com
The UK Chancellor of the Exchequer Jeremy Hunt has frozen alcohol duty in the Autumn Statement, delivering a reprieve to the alcohol industry.
The move stops what would have been the second substantial rise in only a matter of months, following the biggest change to duty in 50 years in August. That change saw a replacement to the former alcohol duty system. [READ MORE…]