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Gin maker fears further tax increase in Budget

BBC News•Friday, November 21, 2025 at 2:54:03 PM
NegativeFinancial Markets
Gin maker fears further tax increase in Budget
  • A group of politicians is pushing for a freeze on excise duty for spirits in the Budget, responding to fears from gin makers about further tax increases. This development highlights the ongoing tension between government tax policies and the spirits industry.
  • The implications of this proposal are significant for gin makers, as a tax increase could adversely affect their profitability and market stability, potentially leading to higher prices for consumers and reduced sales.
— via World Pulse Now AI Editorial System
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