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
Advert



Recent Comments

  • User AvatarSimon Arnold 30th Aug - 11:18pm
    Dair. I already know that, and keep pointing it out. You only have to read their comic The National, to see, the problem. As, I...
  • User AvatarStephen Hesketh 30th Aug - 11:00pm
    Simon Having received clarification, the approved list was indeed not a result of a membership vote but of a Conference decision taken towards the end...
  • User AvatarJane Ann Liston 30th Aug - 10:52pm
    I was bitten by a silent dog lurking behind a letterbox through which I was delivering a Focus, so also had to go to A&E....
  • User AvatarRichard Underhill 30th Aug - 10:44pm
    "Lib Dem parliamentarian" might be a peer, if at Westminster.
  • User AvatarAndrewMcC 30th Aug - 10:33pm
    Suzanne, Fortunately for everyone my chances of being a Lord or an MP are vanishingly small! But I will keep your advice in mind just...
  • User AvatarATF 30th Aug - 10:01pm
    AndrewMcC Haha! Ending up in A&E certainly shows a dedication to the cause.