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Majestic Wine bemoans ‘highly complex’ duty reforms as profits tumble
By James Beeson2026-01-08T09:53:00
The specialist retailer saw pre-tax profits fall by almost 50% from £14.3m to £7.7m in the year ended 31 March 2025
Majestic Wine has blamed Labour tax policies and the transition to a “new and highly complex alcohol duty regime” for a sharp dip in profits.
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