Our reporter ben king has the details. When drinkers gather at londons King Charles Pub this evening, there will be a new tax regime in place. Changes announced in March Come Into Effect today taxing stronger drinks more and weaker drinks less. At the same time, Alcohol Duties rise with inflation up by io. I . The result a complex series of changes. 12 sparkling wine will be i9p cheaper as higher rates for fizz are abolished. A can of pre mixed gin and tonic will be 5p cheaper. But a bottle of 12 still wine will rise 44p. A bottle of vodka up 76p and a bottle of 20 port up £1. 30. So among drinkers, there will be some winners and losers. But the wine and spirits industry, which sees many of its products hit with higher taxes, says customers will see higher prices and less choice. We have the biggest duty increase in almost 50 years at the same time as we have inflation rife and a cost of living crisis. On top of that, we have Raw Materials like glass that are increasing in price expon
a closely guarded secret. they re expanding their range with a vodka but recent years have been challenging. and today s increase in government duty, the tax paid on some alcohols, is the latest in a long line of increased costs for the distillery. around 10% increase. so we re going from £27.80 for a litre of pure alcohol to £31.64. so that equates to about 80. around 80 pence a bottle. so a significant rise, for sure. i think when you combine that with all the other increases in costs that we ve seen recently, then it leaves producers in a position where most most are going to have to pass that increase on to their customers, so, yeah, it will definitely have an effect. the stronger the alcohol, the higher the duty.
beer, but also about how much we will be paying for it in the months and years to come. the process of gin making is essentially evaporating and then condensing alcohol. jake black is happy to tell you how his gin is made but the ingredients, the botanicals that create its flavour, remain a closely guarded secret. they re expanding their range with a vodka, but recent years have been challenging. and today s increase in government duty, the tax paid on some alcohols, is the latest in a long line of increased costs for the distillery. around 10% increase. so we re going from £27.80 for a litre of pure alcohol to £31.64. so that equates to about 80. around 80 pence a bottle. so a significant rise, for sure. i think when you combine that
venues at the moment? are businesses being directly affected and having to close? yes, we have seen 365 nightclubs out of 1446 closing up nightclubs out of 1446 closing up until last year. as you can understand, a huge amount of business is going. pubs, bars and restaurants also hugely challenged, but particularly the late night economy, the late night culture economy has seen a huge squeeze. since 2019, where we saw 36.9 billion as a contribution, and 1.64% as gdp, that has fallen to 29 billion in 2020, a loss of over 6 billion, and in 2021 we have seen it go down to 24.1 billion, a loss of over 10 billion. billion, a loss of over 10 billion. . . billion. how does that compare billion. how does that compare to billion. how does that compare to paris, - billion. how does that i compare to paris, berlin, billion. how does that. compare to paris, berlin, a night out in rome? is there a trend? , a , .,,
output fivefold from five up to 80 gigawatts and createjobs. producing four times as much energy as we need and using that as a launch pad to deliver a green, industrialfuture and is what we offer. it not the. i have to say, when i hear the prime minister talking about about growth, growth, growth, it is a real plan to make sure scotland is delivering a sustainable future and i will happily contrast the plans we have, the scottish government will come out with an economic paper tomorrow as well and we need to recognise, if you are back to the referendum in 2014, the pound dollar rate was 1.64, it is 1.10 today, that is what has happened over the past few years, we were promised the broad shoulders of the uk keep it stable and now we need a life raft to get back to an independent scotland and european union and unlocking trade opportunities that we will have as an independent nation very much based on our ability to be a powerhouse in delivering green energy. we powerhouse in delivering