The report by Britain's Academy of Medical Sciences also recommends stricter blood-alcohol limits for drivers and an examination of advertising for alcohol.
The report advocates reducing the amount of alcohol that Britons can bring into the country. A 10 percent price increase could cut alcohol-related deaths by one-third the report said.
One consequence of heavier drinking is a nine-fold increase in deaths from cirrhosis of the liver. Alcohol is blamed for about 70 percent of cirrhosis deaths.
Alcohol-motivated crimes cost Britain about $13.4 billion (7.3 billion British pounds), the cost to employers is about $11.7 billion (6.4 billion British pounds) and the cost to Britain's health service is about $3.1 billion (1.7 billion British pounds). At least 15,000 hospital admissions per year are related to drinking.
2014: The Year in Music [PHOTOS]