Posts Tagged ‘Beer’

Beer budget

March 13, 2008

Not had a proper look at the Budget that was announced yesterday but I am aware that 4p is being put on a pint.  Will be interested in the motivation behind this?  Reducing the consumption of beer in pubs or to raise more revenue?

Will also be interested to understand how price elastic beer is and whether it will lead to more pubs closing down.  Pubs have been hit hard by the Smoking Ban, after all.