Don't cry in your beer, it's already watery: After the U.K. raised taxes on beers, brewers...

|By:, SA News Editor

Don't cry in your beer, it's already watery: After the U.K. raised taxes on beers, brewers followed in suit by skimping on the alcoholic content of their offerings in order to protect profit margins. Anheuser-Busch InBev (BUD +1.1%) recently weakened Stella Artois, Becks, and Budweiser - while Carlsberg trimmed the alcohol in its Carlsberg Export to 4.8%.