Duty rates for wines, spirits, beers and cider will remain the same from 23 February 2023 saving consumers from an increase of 7p on a pint of beer, 38p on a bottle of wine and £1.35 on a bottle of spirits.
According to Treasury figures, the freeze will mean the drinks trade will avoid an additional £600m in taxation.
“Our drive to modernise also extends to alcohol duties,” Kwarteng told the House of Commons. “I have listened to industry concerns about the ongoing reforms.”
Source: drinksint