UK Market Even Tougher

The UK government released their 2008 financial budget, which includes excise tax details for wine and spirits. Excise taxes increased 14 pence (10.5%) per bottle, effective immediately. In the past, tax increases were generally in the range of 3-6p per bottle."Given downward pricing pressure from UK retailer, wine producers typically have been forced to absorb … Continue reading "UK Market Even Tougher"

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