Budget 2025: Why Rachel Reeves is being urged to hike taxes on booze

Oct 8, 2025
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As if £9 pints in the Square Mile weren’t bad enough. Now, booze could soon be getting even more expensive as a think tank with close ties to government has proposed upping taxes on alcohol. The Institute for Public Policy Research, a left-leaning think tank, has pinned the blame for the UK’s longstanding productivity woes on work-related drinking. The IPPR said young people felt pressured into drinking with colleagues to advance their career, while staff coming into the office with hangovers weren’t working as hard as their teetotal counterparts. Read the full story here 👇 https://www.cityam.com/autumn-budget-tax-hikes-on-booze-could-be-on-the-menu/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam