Sunday, December 2, 2012

Alcohol pricing: Time, please | The Economist

Alcohol pricing: Time, please | The Economist: "WITH only a score of shopping days until Christmas, supermarkets are loaded with cut-price booze, including champagne grazing the £10 ($16) a bottle mark. Retailers love promotions because they lure people in to buy other goodies too, and Christmas, like the football World Cup, is prime time. The cheapest deals will be ruled out if the government gets its way.

The coalition has long promised to combat “irresponsible” drinking. Alcohol consumption in England and Wales has been falling since the mid-2000s, but related hospital admissions have not. Scotland, with a bigger booze problem, brought in a ban on quantity discounts in 2011 and a 50p minimum price per unit (10 ml) of pure alcohol to come into effect in April 2013."

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