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Whisky industry warns Rishi Sunak tax hike will damage thousands of businesses
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mirror.co.ukThe Scotch Whisky industry has warned Chancellor Rishi Sunak he could severely damage more than 1,700 businesses across the UK if he hikes up spirits duty in the Budget.
Firms in the supply chain are reliant on distilleries, which have been hammered by one of the highest excise duties in the world, to fill their order books.
Many are already suffering from the downturn caused by a combination of a US tariffs and the Covid-19 pandemic, which saw exports of whisky fall by £1.1 billion in 2020.
Businesses including bottle manufacturers, farmers and freight companies say they face further misery if excise duty is increased next month.
Read more on mirror.co.uk
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