It found consumers spend £81.5bn a year on unhealthy products, from which the Treasury makes £28.8bn through VAT receipts.
The research was undertaken by the Obesity Health Alliance (OHA), Alcohol Health Alliance (AHA) and Action on Smoking and Health (Ash) in conjunction with Landman Economics. For example, they calculated that 28.8% of all food bought by UK households is unhealthy because it breaches government dietary guidelines for fat, salt or sugar (HFSS). Those sales together earn the food industry £34.2bn.
Landman Economics has carved out quite a little niche here in producing entirely absurd, insane, no good, terrible, paid for pieces of “economic research”.
Landman Economics is Howard Reed. Did you know that Reed is a mate of Richard J Murphy?
Within actual economics we call this technological diffusion. Once a grift has been discovered then more people will start to do it….