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 AvatarGlenn 1st Nov - 9:06am
    The problem with the Lib Dems is that they keep falling for the idea that there is a centre right consensus. The telling factors are...
  • User AvatarBrianD 1st Nov - 9:04am
    In defending this inhuman decision Nick Clegg has distanced himself from his own Party. The Party has tolerated incompetent leadership but isn't this a step...
  • User AvatarTony Dawson 1st Nov - 8:49am
    Stuart Moran is way off beam - and as long as people like him on Labour's side are so far off beam and in denial...
  • User AvatarSimon Allen 1st Nov - 8:47am
    Spot on Chris. Just yesterday, our very own Norman Lamb remarked that local authorities delivering social care have been more innovative and have delivered far...
  • User AvatarFrankBooth 1st Nov - 8:29am
    Okay I have to admit my only interest here in in some of the names. Sterlingization - good one. Midtable Obscurity - not living up...
  • User AvatarJohnTilley 1st Nov - 8:17am
    Colin Rosenstiel 31st Oct '14 - 12:39pm Colin, I hope I have not fallen into what you describe as "the usual trap". Please elaborate if...