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
Advert



Recent Comments

  • User AvatarDavid Garlick 6th Aug - 10:29am
    Whilst one 'Party' sees their views as sacrosanct there is little chance of an alliance. The mistrust between Labour and the Liberal Democrats runs so...
  • User AvatarAlison Willott 6th Aug - 10:26am
    We too often look at housing numbers, instead of housing provision. In rural Monmouthshire, like many other places, the houses being built don't meet local...
  • User AvatarDavid Garlick 6th Aug - 10:21am
    A welcome addition to the debate and I like the ideas here. Hope that this forms part of the new climate and energy think tank...
  • User AvatarJulian Hawkins 6th Aug - 10:18am
    Interesting debate - and more enlightening than mud-slinging. I think David Warren and Evans made some good points about the problems in trying to work...
  • User AvatarMichael Bukola 6th Aug - 10:16am
    Clive Lewis is a pragmatist and to that extent I will extend the hands of friendship to him. When Clive Lewis stood for the recent...
  • User AvatarRuth Bright 6th Aug - 9:58am
    Dear Lib Dem Mum Do you think either Layla or Ed will introduce maternity leave for our candidates as some of us have fought for...