Market News
By Arabella Mileham in thedrinksbusiness.com
The UK government is expected to announce a rise in duty — the second in only four months — at next week’s Autumn Statement, which would raise the overall increase in wine duty to 30% since the summer.
It comes after the largest hike in alcohol tax for almost 50 years came into effect on 1 August, which saw alcohol taxed by strength for the first time. [READ MORE…]