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 Avatarexpats 12th Feb - 8:59am
    .Further to my ..... 11th Feb '16 - 4:28pm....given Mr. Hunt’s record on ‘honesty and openness’, I know who’s side I’d trust… .................Jeremy Hunt’s letter...
  • User AvatarVictor Grayson 12th Feb - 8:51am
    Hi Peter, forgive me but I find this discussion interesting. The exchange rate between the pound and the euro has depreciated by 8.5% over the...
  • User AvatarBrianD 12th Feb - 8:44am
    The BMA is a Trade Union. The Tories are opposed to Trade Unions after all they have successfully blamed Trade Unions for the failure of...
  • User AvatarJohn Marriott 12th Feb - 8:24am
    Why not just "Gong Hey Fat Choy" (I think that's something like the Cantonese version)?
  • User AvatarJohn Marriott 12th Feb - 8:19am
    Hasn't the former vicar (or was it curate) got something better to do, like save the Labour Party? You need to get out more, Mr...
  • User AvatarDavid Raw 12th Feb - 8:02am
    What a joy to be able to agree with Mick Taylor.