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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 Sources25
Leaning Left5Leaning Right1Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 36%
C 57%
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