Tag Archives: beer. CAMRA

Opinion: The escalator that’s pricing beer into insensibility

Today, upward of a thousand enthusiasts are descending on Westminster to demand protection for one of the nation’s great heritage assets. Beer.

The Labour government of old was unduly fond of price and tax escalators, which generally take the form of retail price index plus a bit more. I have always regarded this as a rather odd fiscal mechanism because it simply creates a circularity that feeds itself. Costs go up, the RPI duly rises, and costs go up again as a result.

It beats me why the coalition has decided to maintain this blunt policy. Fiscal escalators

Posted in Op-eds | Also tagged and | 10 Comments



Recent Comments

  • User AvatarJohn Dunn 24th Oct - 9:42am
    John Tilley writes : "Of course a few sacred cows might have to be humanely destroyed..." Indeed. Like the EU 'mafia', who have just demanded...
  • User AvatarLiberal Al 24th Oct - 9:42am
    "The people in Hong Kong currently taking part in the “umbrella” protests there are being treated better by the police and Beijing than UK citizens...
  • User AvatarMatthew Huntbach 24th Oct - 9:33am
    John Tilley You deride protesters as “stuck-up middle class types” and “trendy-wendies”. Nobody has ever described me as Ike that before. Well, it seems my...
  • User AvatarMalcolm Todd 24th Oct - 9:33am
    John Tilley :D Congratulations -- I think that's the best play on JBT's name yet (better than any of mine certainly) -- and lord knows...
  • User AvatarIgor Sagdejev 24th Oct - 9:30am
    I don't think this charge is political, but it is no good to demand a lot of money from several countries on a short notice...
  • User AvatarRobin McGhee 24th Oct - 9:28am
    Pleased to see my post has, in LDV terms, been successful- lots of ranting in the comments! To clarify a couple of things from my...