Alcohol prices could rise by 10%.Summary: Alcohol prices could rise by ten per cent next year because of tax increases, the head of a major brewer has said. Alcohol prices could rise by ten per cent next year because of tax increases, the head of a major brewer has said. Stuart MacFarlane MacFarlane or Macfarlane is a surname shared by:
From January, VAT will go up by 2.5 per cent and in April alcohol duty will go up by two per cent. Mr MacFarlane said the drinks industry could be hit by further increases in the pre-budget report In the United Kingdom, the Pre-Budget Report (PBR) is one of the two economic forecasts that HM Treasury is required to deliver to Parliament each year, the other being the annual Budget. next month and tax could rise yet further if a new government comes in next year. He said: "The Government is hindering hin·der 1 v. hin·dered, hin·der·ing, hin·ders v.tr. 1. To be or get in the way of. 2. To obstruct or delay the progress of. v.intr. a sustainable and profitable beer industry. I have gone from being concerned to angry. "The Government's thinking is not joined up. Are we policing underage drinking on the streets enough? No. It should better enforce laws already in place." Last month campaigners called for alcohol prices to go up in a bid to persuade people to drink more moderately. Independent Television News Limited 2009. All rights reserved. Independent Television News Limited 2009. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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