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Govt: Economy 'could be worse'

The Chancellor George Osborne has told ITV's Daybreak that the country's economic problems "could be a lot worse", referring to the situation in Cyprus, as he defended his Budget plans to kickstart the recovery.

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Will alcohol duty stay at the same rate of inflation?

In 2012, the Chancellor announced an alcohol duty rise of 2% above the rate of inflation in his Budget.

According to the The Wine and Spirit Trade Association, this led to an average price rise of 11p on a bottle of wine, 41p on a bottle of spirits and 3p on a pint of beer.

Will alcohol duty hold at 2% above the rate inflation once again? Credit: Press Assocation

The industry body also said the rise meant taxes on wine and spirits have risen by over 25% and 20% respectively since March 2008.

Duty also rose at the same rate of inflation in 2011 and 2010.

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