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 AvatarSimon Shaw 26th Nov - 10:56am
    @Tsar Nicolas "This talk of getting 28 seats when the current polls show the party on around 7% – OK, I’ll be generous and say...
  • User AvatarJohn Stevens 26th Nov - 10:54am
    Et tu Brute?
  • User AvatarD McKay 26th Nov - 10:48am
    Thanks Roland. I suppose my question would be (and I don't expect anyone to know the answer!) how many of those in the 60,000 would...
  • User AvatarStephen Hesketh 26th Nov - 10:42am
    Sorry ... Charles ... yet another 'Kingdom for a preview/amend button' request!
  • User AvatarStephen Hesketh 26th Nov - 10:40am
    Charles Rothwell26th Nov '14 - 7:27am "I pray the mathematics will not allow us back into government in the form of a coalition. The wave...
  • User Avatariain 26th Nov - 10:38am
    ' I seem to remember from recent discussions the figure of 60,000 on JSA in 2013 was cited, but putting this into context this represented...