I think this might be an error:
Asda, whose offers include four bottles of wine for £5 and three alcopops for £10,
Those prices need to be inverted, surely? Now an error like that is indeed an error, but you would think that they would pick it up when laterin hte same piece we get:
Tesco, which said recently it wanted to stop aggressive discounting and called for government action, is offering eight Bacardi Breezers for £7
An article should at least be internally consistent, no?
Anyway, the rest of it is an intersting explanation (although it\’s not directly mentioned) of tax incidence. They\’ve got emails showing that the retailers are trying to get the manufacturers to eat the tax rises, rather than raising prices to the consumer. Dependent upon who has the power in the relationships, they might succeed too.
A lesson: taxes aren\’t necessarily paid by the people you desire or design them to be.
This also makes great sense:
He insisted cheap alcohol did not fuel binge drinking, adding: \’I don\’t subscribe to the point of view that price has a massive impact on social responsibility. If it did, countries like France and Spain would have similar alcohol-related social problems to those seen in the UK.\’