|
|
 |
|
|
Cheap booze ban could backfire as it will encourage shops to sell more drinks, warns consumer watch by Kjdejg Ljdeuhf
|
|
|
Cheap booze ban could backfire as it will encourage shops to sell more drinks, warns consumer watch by KJDEJG LJDEUHF
|
|
| Article Posted: 08/15/2012 |
| Article Views: 173 |
| Articles Written: 6 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 235 |
| Article Votes: 0 |
|
Cheap booze ban could backfire as it will encourage shops to sell more drinks, warns consumer watch |
|
|
|
|
|
Business,Sports,Tax
|
|
|
Coalition plans to impose a minimum price for alcohol could backfire as retailers will be encouraged to sell more cheap drinks, the Office of Fair Trading has claimed. The consumer protection watchdog has Air Max 91 warned that if plans to impose a minimum 40p price per unit of alcohol are passed, it could have ‘unintended consequences’. It is concerned because extra money from the price increases would go back to retailers rather than being collected as a tax. This could create an incentive for stores to promote alcohol brands that cost them less to buy wholesale, giving them higher margins and generating easy profits. In written evidence to MPs, the watchdog said: ‘The OFT is concerned that the unintended consequence of this increase in profit may be to give retailers an incentive to sell more, rather than less, low-cost alcohol. The OFT is also worried that the Government’s interference in prices could undermine the free market. It found similar price controls in France and Ireland meant households had a higher cost of living. The Government announced proposals to ban cheap alcohol in March after David Cameron became concerned about the violence caused by binge drinking. The Coalition is following the lead of Air Max 95 For Sale Scotland, which decided to impose a minimum price last year. The Scottish administration is already facing a legal challenge from the Scotch Whisky Association.
Related Articles -
Air, Max, 91,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
MICHAEL BRESCIANI
Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
LEVAL AINAH
I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
|
|
|
|
|
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
