§ First, the duties on alcoholic drinks and tobacco. From midnight tonight I propose to increase the duties on drinks by amounts which, incuding VAT, represent about 4p on the price of a typical pint of beer, 12p on a bottle of table wine, 25p on a bottle of sherry, and 60p on a bottle of spirits.
§ On tobacco, I propose from midnight on Friday to increase the duty by an amount which, including VAT, will represent 14p on a typical packet of 20 cigarettes.
§ There will be consequential increases for other alcoholic drinks and tobacco products but a little less for pipe tobacco, which is used particularly by pensioners. I estimate that the increase on alcoholic drinks will yield £500 million in 1981–82 and £515 million in a full year. The increases on tobacco will raise almost exactly the same.774
§ The duties on matches and mechanical lighters, which have not been raised since 1949, will be increased substantially—to raise an extra £15 million a year.