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 AvatarTony Greaves 25th May - 9:49pm
    Some of the technology being developed will undoubtedly be very useful in making road vehicles more efficient (in navigation not mechanically) and safer. But the...
  • User AvatarRoland 25th May - 9:24pm
    Consequently, an imaginative industrial policy encouraging some of this research onto our shores, ... the graduates with the hard science skills, the open door to...
  • User AvatarConor McGovern 25th May - 9:13pm
    I'm doubtful as to whether the Tories will split in two - the party looks too power-hungry for that particular act of blatant self-harm -...
  • User AvatarJenny barnes 25th May - 8:53pm
    Our precious NHS would be in a lot less trouble if we hadn't had the Lansley reorganisation privatisation plan. Was it the good baroness who...
  • User AvatarEddie Sammon 25th May - 8:50pm
    Thanks for your leadership Anne Shaw and Iain Sharpe. The service continues...
  • User AvatarMatthew Huntbach 25th May - 8:33pm
    tonyhill Liberals may start from many of the same policy positions as socialists, and indeed as a leftist Liberal I’m probably a lot happier with...