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
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Recent Comments

  • User AvatarMichael BG 26th Jun - 12:18am
    @ Dave Orbison I am sorry if I was not clear. I think you have misunderstood me, when I wrote, “they [Labour] have a policy...
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  • User AvatarMichael 25th Jun - 11:56pm
    People favour a referendum on the deal and this is likely to grow http://survation.com/latest-polls-indicate-majority-support-soft-brexit/ I think we now have a history that decisions on Europe...
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    * Karen Wilkinson was Parliamentary Candidate for Kingwood in June 2017 Where's that? I thought she was the candidate for KingSwood??????
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    Caron - the similarity I was pointing out was that in both cases, (and in many others I have mentioned in previous comments on this...
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    Labour hate us, because we 'sold out' to the Tories, and because they are incredibly tribal. They believe they occupy the moral high ground and...
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