SWA welcomes extension of alcohol duty freeze

Commenting on the extension of the UK alcohol duty freeze until at least August 2023, Mark Kent, Chief Executive of the SWA, said:

“The Chancellor’s decision to freeze duty until at least August is welcome during a challenging period.  HM Treasury recognises the turbulent time being faced by the hospitality sector, businesses, and households with rising costs. The duty freeze, which has previously boosted industry investment and government revenue, is a win-win and gives distillers cause for Christmas cheer.

“We want to thank the Chancellor for listening to the industry and hope that when he makes a decision on future alcohol duty at the Spring Budget, he ensures it supports Scotch Whisky, and the hundreds of millions of investment and tens of thousands of jobs the industry supports across the UK.”