Duty gets put on ice
Chancellor Phillip Hammond gave us the welcome news that duty on wine would not rise in this autumn budget. According to the Wine & Spirit Trust Association (WSTA), this freeze will save the UK wine & spirit trade an estimated £247 million which can now be used for reinvestment and growth.
Over the past few months, we have been tirelessly campaigning with the WSTA to encourage the Chancellor to reconsider his unpopular plan to raise duty for a second time this year - a rise that would have severely impacted business at the busiest time of year. Read more here
As a result, duty has been frozen for the second time ever in 15 years! Whilst the 2017 harvest has been a challenging one, we are over the moon with this news. We can all now breathe a sigh of relief and focus our attention on delivering an amazing Christmas for our customers.
Click here to read more from the WSTA
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