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WSTA pleads with Treasury.
(From Off Licence News)
Byline: Laura Clark
Retailers and suppliers are backing the WSTA's stark warning to the Treasury that significant duty hikes will have a devastating effect on the drinks industry.
In its 2008 Budget submission, the WSTA said an increase in alcohol tax would put 50,000 jobs at risk and cost the Treasury AGBP200 million, while doing nothing to combat binge drinking.
WSTA chief executive Jeremy Beadles urged Chancellor Alistair Darling not to bow to pressure from anti-alcohol lobbyists, including the recently-formed Alcohol Health Alliance, which believes higher taxes would solve problem drinking in the UK.
He said: "Raising the price of alcohol by raising taxes will unfairly punish the majority of responsible drinkers for the misdeeds of a small minority.
"Our research shows that any such increases will do little to address problem drinking while hurting the economy and the Treasury. It simply does not make any sense." An ...
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