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IEA - Decision on minimum alcohol pricing disappointing & will hit poorest the hardest

IEA reacts to Supreme Court ruling on minimum alcohol pricing in Scotland

Commenting on the Supreme Court’s decision to back Scottish minimum alcohol pricing, Chris Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs said:

“The Supreme Court’s decision is disappointing, but we should be thankful that the legal action has delayed the implementation of this pernicious policy by five years, thereby saving Scottish drinkers hundreds of millions of pounds.

“Minimum alcohol pricing is a policy that clobbers the poor and exempts the rich. Most of the beer, cider and spirits sold in the off trade will become more expensive under a 50p minimum price, but doctors and politicians can relax. The champagne at their Christmas parties will not be affected.”

Notes to editors:

For media enquiries please contact Nerissa Chesterfield, Communications Officer: nchesterfield@iea.org.uk or 0207 799 8920 or 07791 290 268.

For more on alcohol taxation policy, see IEA research here.

The mission of the Institute of Economic Affairs is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems and seeks to provide analysis in order to improve the public understanding of economics.

The IEA is a registered educational charity and independent of all political parties.

Original article link: https://iea.org.uk/media/decision-on-minimum-alcohol-pricing-disappointing-will-hit-poorest-the-hardest/

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