Exclusive: Credit crunch puts plans to shelve cheap alcohol on ice By James Lyons 27/10/2008
Plans to ban bargain booze have been shelved – because of the credit crunch.
Ministers wanted to impose minimum alcohol prices to end below-cost deals on beer, wine and spirits in supermarkets and stores.
It was feared the deals were fuelling the binge-drinking culture and the hope was that a price limit – expected to be about 35p per unit of alcohol – would also make it too expensive for youngsters.
But the deepening economic gloom has prompted a rethink.
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