Trade reaction to the Budget

25 June, 2010

We encourage the government to look at taxing all drinks at the same rate, according to alcohol content, coupled with a ban on below-tax sales. We believe this would help the government address the pricing of alcohol, secure greater social responsibility and offer increased revenue.”?Gavin Hewitt, chief executive, Scotch Whisky Association??“Local shops welcome the decision to reduce corporation and small business tax. These will leave retailers better equipped to deal with the challenge of economic recovery and will stimulate new employment in the sector.”?James Lowman, chief executive, Association of Convenience Stores??“As the world’s leading cider producer, we are delighted the Chancellor has recognised that the targeting of cider in the March budget was unfair and has confirmed that the duty increase will reduce from 13% to 5% in line with other alcohol categories. We will be passing this on to our customers in full.”?Nigel Pollard, head of external communications, Heineken UK

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