This is how much more your favourite drink will cost if Rachel Reeves hikes booze tax in Budget
Gin 37.5% abv, 70cl, will see a hike of £0.47 from £19 to £19.47(Image: Getty Images) Rachel Reeves plans to hike alcohol duty by 4.5% from February 1 – but how will it affect your favourite booze? Last year, hardworking Brits already saw a 3.6% increase …