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UK Alcohol Duty Rises 3.66% from February 1 Affecting Beer, Wine, and Spirits
The 3.66% alcohol duty rise will increase taxes on beer, wine, and spirits, with producers facing higher costs that are expected to push retail prices up, industry leaders say.
- On Sunday, February 1, alcohol duty increases by 3.66%, with the levy applied directly to alcohol producers, the Treasury confirmed.
- A Treasury spokesman said: `For too long, the economy hasn't worked for working people, and cost-of-living pressures still bear down. That's why we are determined to help bring costs down for everyone. 'They concluded: 'Alcohol duty plays an important role in ensuring public finances remain fair and strong and funds the public services people rely on every day.'`
- For beer, the rise affects both pubs and supermarkets, with a pint possibly rising by 2p, and brewers facing a £130m industry cost, according to Emma McClarkin.
- Wine and spirits leaders warned firms `have no choice but to increase prices` to stay afloat, while the UK Spirits Alliance urged Chancellor Rachel Reeves to review duty and end `spirits discrimination`.
- Some brewers have cut ABV to reduce duty, with Foster's and other beer brands lowering strength to 3.4% in recent months while pubs and venues won a 15% business rates discount.
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Total News Sources24
Leaning Left5Leaning Right1Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 38%
C 54%
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