Tuesday, March 19, 2024

Booze Bashed By Brexit

Spirits brands hike prices by upto 16% and blame Brexit for increasing their supply-side costs

 

Drink loving Brexiteers may have cause to reconsider their enthusiasm for Britain leaving the EU.

 

Since last year’s referendum, the price of vodka has risen 5% on average whilst gin is up 3%. Bombay Sapphire has hiked its price by 16% to £24.20 for a litre bottle according to The Grocer and many other brands have followed suit.

 

Worldwide co-leader in the wine and spirits sector Pernod Ricard blamed the increases on supply-side costs rising due to Brexit whilst The Wine and Spirit Trading Association added that the Chancellor, Philip Hammond, has added to the industry’s woes and created “a tough trading environment”.

 

The Steeple Times
The Steeple Times
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11 COMMENTS

  1. Crooked drinks companies bosses are telling you porkie pies lies!!!!!!!!!!!!!!! Fake news!!!!!!!!!!!!!!!!!!!!!! Lies!!!!!!!!!!!!!!!! Fake news alert!!!!!!!!!!!!!!!!!! Lock them up!!!!!!!!!!!!! Lock these liars up!!!!!!!!!!!!!!!! Deport them!!!!!!!!!!!!!!!!!!!!

  2. Can someone please drown Theresa May and Jeremy Corbyn in a vat of Bombay Sapphire? I don’t like that gin anyway. I like Hendricks.

  3. I dont know why anyone would call this fake news. Its simple economics, the pond has dropped, therefore any company purchasing ingredients from abroad is paying more for them, once their previous stock run out they have cost increase. They are mearly passing that on to the customers.

    I guess some people don’t like the responsibility that comes with their decision making….

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