Wine drinkers to take tax hit

Luca Bruno/AP

Wine drinkers face a hike in prices with taxation revenue from wine set to rise by more than half over the next six years.

As the Office for Budget Responsibility sets out its projection for future government revenue, it reveals that the expected tax take from wine duties will rise from £3.1bn in 2010/11 to £4.9bn in 2016/17.