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 AvatarClootie 29th Jul - 12:07am
    "Good sound bites without much substance" I think you will have a touch of déjà vu
  • User AvatarJoe Otten 28th Jul - 11:44pm
    There is an issue that mental health was typically funded by block grant as other areas were moving to per patient, and that mental health...
  • User AvatarJohn Dunn 28th Jul - 11:44pm
    I can fully respect someone for reviewing their party affiliation based on an appraisal of policy. You say : "I have always believed that we...
  • User AvatarAlex H 28th Jul - 11:40pm
    Welcome Jakob! I'm glad you took your time in weighing up your views and beliefs before leaving UKIP and in joining the Lib Dems, and...
  • User AvatarTed Logan 28th Jul - 11:26pm
    Welcome to the Liberal Democrats, Jakob. You are absolutely right that our party is a broad church, and we are very welcoming of all views...
  • User AvatarRichard Underhill 28th Jul - 11:19pm
    Peter, Good to hear from you. The point is that this man was in charge of the rules for conduct and behaviour. Their Lordships know...