Year 12 | 21 January 2020 | firstname.lastname@example.org
The UK government is to reduce beer duty by 1p ($0.02) per pint. The duty escalator remains in place only for spirits, wine and cider
The UK government is to reduce beer duty by 1p ($0.02) per pint and end the 'duty escalator' for beer, which would have seen an increase of 2% in duty from April 2013.
However the duty escalator remains in place for spirits, wine and cider. But the Wine and Spirits Trade Association (WSTA) has raised questions over the legality of increasing duty for some drinks and not others.
The government has also backed away from plans to implement a minimum price for alcohol, the previous centrepiece of its alcohol policy. It had proposed a 45p ($0.68) per unit minimum price, but internal opposition from the Treasury, concerned the measure would reduce tax revenues as it struggles to reduce the public deficit, forced the Prime Minister David Cameron to backtrack.
by S. C.
01 april 2013, World News > Europe