Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what analysis his Department has undertaken on the reasons for the difference between current alcohol duty receipts and the Office for Budget Responsibility’s November 2023 forecast.
The Office for Budget Responsibility’s June 2026 Forecast Evaluation Report sets out changes made to the alcohol duty forecast methodology to revise the forecast down at Budget 2025 - FERs - Office for Budget Responsibility. The Office for Budget Responsibility will publish an updated Alcohol Duty forecast at Budget 2026.