The rate has now been raised to 35%, with a mandatory threshold of at least €5 ($5.62) per litre.

Nestlé insists there has been no “change of ownership” of its Russia business despite the Kremlin placing the Swiss giant’s local assets under “temporary administration”. In an announcement yesterday ...

India’s attempt to exclude bulk Scotch imports from reduced tariffs goes against benefits agreed in the UK-India trade deal, local trade body the ISWAI has reportedly said. Earlier this month, the ...

English winemaker Chapel Down is looking to raise up to £6m ($8.1m) from shareholders to invest in production. In a stock-exchange filing today (4 November), the AIM-listed company announced a ...

The Portman Group has upheld a complaint against Sazerac that argued its use of an ice cream van to promote alcohol could appeal to children. The self-regulatory body ruled handing out soft-serve ...

In a statement to Just Drinks, the Buffalo Trace brand owner said Full Sail had built “a strong business plus production and manufacturing capabilities”. Sazerac added the acquisition “enables us to ...

Kraft Heinz is selling control of its coffee business in North America. The US group is offloading assets including the Maxwell House and Gevalia coffee brands to an affiliate of private-equity firm ...

The Indian government has reportedly indicated bulk Scotch shipments will qualify for the tariff cut agreed on whisky with the UK. How much bulk Scotch shipments are taxed has become a hot political ...

Nestlé is to sell half of its waters business to the US private-equity firm Platinum Equity under a joint-venture agreement. In a statement today (23 July), issued alongside Nestlé’s first-half ...

Greene King has appointed Clair Preston-Beer as its next CEO, making her the first woman to lead the UK brewer and pub-group in its 227-year history. She will succeed Nick Mackenzie, who is stepping ...

The Coca-Cola bottler, meanwhile, expects cost inflation to edge higher in 2027.

Wine and spirits producers in the UK have criticised the Government’s move to increase duty rates from next year. In its Autumn Budget, the Government said it will raise duty rates on alcohol in line ...