Stat of the day: £700m

The amount that could end up in supermarkets' pockets if minimum alcohol pricing is introduced.

by MT Staff
Last Updated: 09 Oct 2013
Supermarkets may have been moaning about the Government's plans to introduce a 45p minimum price on alcohol, but given calculations by thinktank the Institute for Fiscal Studies have shown they stand to make £700m, it seems they've been looking a gifthorse in the mouth. Apparently, if (/when) the expected minimum of 45p per unit is introduced, discount retailers like Lidl, Aldi and Netto, which use alcohol as a loss leader, stand to make the most. We'll drink to that.

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