You are here: Home - Saving & Banking - News -

Deals on alcohol to be a thing of the past

0
Written by:
28/11/2012
Supermarkets will be banned from offering multi-buy deals on alcohol under new plans to help curb binge drinking.

Under the controversial plans, a minimum price is also proposed for beer, wine and spirits in an attempt to lower the £12bn cost to taxpayers from problem drinking.

Critics have hit out against these plans as unfair to those who are moderate drinkers and likely to penalise those who prefer to drink moderately but like to shop around for the best deals on pricier drinks.

The minimum price of alcohol will be set at 45p per unit, raising the lowest price for a can of beer or cider to about £1.12, and for a bottle of wine to £4.40.

Reacting to the Government’s Alcohol Strategy proposals, the British Retail Consortium (BRC) stressed retailers are already hugely engaged in action that is making a difference.

This includes funding the Drinkaware campaign, using Challenge 25 to prevent underage sales and putting unit labelling on products to help people regulate their drinking.

Andrew Opie, BRC Food Director, said: “Most major retailers believe minimum pricing and controls on promotions are unfair to most customers.

“They simply penalise the vast majority, who are perfectly responsible drinkers, while doing nothing to reduce irresponsible drinking.

“Harmful drinking has cultural causes and retailers are tackling those with collaborative working on clear labelling and targeted awareness campaigns that help customers drink responsibly. Where’s the evidence that imposing a blanket measure that puts up prices for all customers will make a difference?”

The BRC says that most consumers already drink less than the recommended limits, and should not be denied access to discounts.

Opie added: “”The Government should recognise the role of personal responsibility. It should not allow interfering in the market to regulate prices and promotions to become the default approach for public health policy.”

Ministers accept that a legal challenge to the proposal, which will be put out to consultation today, is highly likely if it becomes law, as well as challenge from the EU free trade rules.

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
2227599-christmas-gifts-presents
Brits’ £8.5bn Christmas presents tempt thieves

Households are being warned that their homes are tempting targets over the Christmas period, as thieves stand to gain the...

Close