UK: Will RTD tax hike hit industry?

By Chris Brook-Carter | 18 April 2002

The UK budget, announced by Gordon Brown yesterday, has received a mixed reaction from the drinks industry, after it was revealed that duty on wines, spirits and beer would be frozen, but that RTDs would qualify for a higher tax bracket. Speaking to just-drinks, deputy chairman of the Wine & Spirit Association (WSA) Joanna Delaforce called the change in RTD tax a "disaster" and predicted the tax would not work.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The UK budget, announced by Gordon Brown yesterday, has received a mixed reaction from the drinks industry, after it was revealed that duty on wines, spirits and beer would be frozen, but that RTDs would qualify for a higher tax bracket. Speaking to just-drinks, deputy chairman of the Wine & Spirit Association (WSA) Joanna Delaforce called the change in RTD tax a "disaster" and predicted the tax would not work.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

COMMENT: Pernod Ricard - allied for good fortune
Spirits firm Allied Domecq has agreed to a takeover bid from smaller rival Pernod Ricard, subject to agreement from Allied shareholders.

UK: Allied & Pernod - full details released
Allied Domecq last night accepted Pernod Ricard's offer to buy the UK-based drinks giant.

UK: Core spirits and wines drive Allied H1
Allied Domecq today delivered a 7% increase in first half group profits before tax to £285m. Earnings per share were up 7% to 19.2p, turnover that was flat at £1,700m.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page