Tag - minimum

Cost of drinks in Scotland to increase by 90% because of minimum alcohol price

Reuters The Scottish government’s decision to introduce a minimum unit price for alcohol could have a dramatic impact on prices, a report by the Institute for Fiscal Studies (IFS) has warned. From 1 May next year, a 50p-per-unit minimum will be applied to all alcoholic drinks north of the border, a move which Scottish ministers believe will tackle the country’s “unhealthy relationship with drink”. The new charge would raise the price of the cheapest bottle of red wine (9.4 units [...]