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alcohol duty

  • ‘Not all sunlit uplands’: Pub bosses weigh in on whether Brexit leaves a bitter taste

    Hospitality

    A decade on from the referendum, has Brexit left a bitter taste? The bosses of the UK’s biggest pub firms have their say Notoriously outspoken, the bosses of the UK’s leading pub brands are usually shouting about the same thing: the tax and regulatory burden threatening watering holes across the country. But, on the anniversary [...]

    Tim Martin speaking at a business conference, standing at a podium, discussing economic trends and strategies for growth
  • Family-owned Tottenham brewer falls into administration as industry pressures mount

    Hospitality

    A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry.  Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as [...]

    Hopspur Stadium exterior showcasing modern architecture and vibrant atmosphere on a bustling event day
  • Virgin wines looks to Gen-Z wine-lovers for growth after suffering loss

    Retail

    Online retailer Virgin Wines turned a loss but remains confident a surge of Gen-Z drinkers who no longer view wine as “elitist” will push the firm into the black. The wine seller made a £400k pre-tax loss in the first half of the year, down from a £1.3m profit last year, but saw revenue grow [...]

    March 24 LSS 303 conference attendees discussing innovative solutions in a business meeting setting
  • Majestic Wine blames Reeves’ tax hikes as profit slashed

    January 7, 2026

    Majestic Wine has blamed Rachel Reeves and her tax policies for its profit almost slashing in half during its latest financial year. The Watford-based business said the “economic environment became more challenging” during the 12 months to 31 March, 2025, especially after the general election and the Chancellor’s first Budget. The chain added that these [...]

  • Rachel Reeves mulls second booze tax hike

    November 12, 2025

    Chancellor Rachel Reeves is considering an increase in taxes on alcohol in line with a higher reading of inflation in a repeat of last year’s Budget, according to reports.  Reeves could hike duties by the retail prices index (RPI) inflation rate in a bid to raise more cash to fill an estimated £30bn fiscal hole [...]

  • Virgin Wines blames government for inflationary cost pressures

    October 22, 2025

    Virgin Wines has said most of its cost pressures this year have been driven by government policy, including an alcohol duty revamp and a bottle tax.  The online wine seller told markets that profit before tax dipped by five per cent to £1.6m in the 2025 financial year, despite flat revenue. CEO Jay Wright pointed [...]

  • Keir Starmer vows to cut red tape for pubs to ‘bring the buzz back’ to high streets

    October 9, 2025

    Keir Starmer has vowed to cut red tape for pubs in a bid to revitalise the ailing hospitality industry following a spate of venue closures. The prime minister has unveiled a four-week “blitz” survey of landlords, customers and neighbours, in a review expected to result in a bonfire of old licensing rules, amid fears some [...]

  • Reeves urged to increase alcohol taxes to tackle workplace drinking

    October 8, 2025

    Pubs and restaurants up and down the country could be forced to serve up higher booze prices as Rachel Reeves has been urged to add fresh alcohol levies to her menu of tax rises at next month’s Budget. The Institute for Public Policy Research, a left-leaning think tank with close ties to the government, has [...]

  • Reeves must reject this finger-wagging, fun-sapping, tax-loving nonsense

    October 8, 2025

    The Chancellor may have felt in need of a stiff drink after absorbing the latest productivity figures handed to her by the Office for Budget Responsibility, and who could blame her? The OBR is widely expected to have significantly downgraded its productivity forecasts while at the same time conceding that it’s been overestimating productivity growth [...]

  • US-style tipping hits UK pubs amid mass closures

    August 26, 2025

    The UK pub industry is facing a new challenge as a controversial trend of implementing US-style tipping gains traction, coinciding with a period of widespread pub closures. A nationwide debate has been sparked by the Well and Boot pub in Waterloo, London, which has introduced an optional four per cent service charge on every drink. [...]

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