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alcohol dutyTelegraph
•67% Informative
Chancellor has not ruled out putting up tax on beer, wine and spirits as part of efforts to plug what Labour claims is a 22 billion hole in the public finances.
Pubs and drinks producers fear Ms Reeves will use warnings about the dire state of the finances to justify an increase in alcohol duties.
The drinks industry has warned the move would be counter-productive, leading to lower revenues and having a “catastrophic” impact on pubs.
Ms Reeves said during the election campaign that she wanted to “save the British pub because I know what an important institution they are in so many communities”. A Treasury spokesman said: “The Chancellor has been clear that difficult decisions lie ahead on spending, welfare and tax to fix the foundations of our economy and address the 22 billion hole in the public finances inherited by the Government. “Decisions on how to do that will be taken at the Budget , in the round.”.
VR Score
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Informative language
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Article tone
semi-formal
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English
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49
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