In the News

Scotland to raise the minimum alcohol price by 30%

Graham Watson

5th February 2024

Has Scotland's minimum alcohol pricing policy worked? The minimum price of alcohol in Scotland is set to rise by 30% to 65p per unit, making a bottle of whisky at least £18.20 in an attempt to reduce alcohol-related disease. Supporters of the move point to the negative consumption externalities that affect healthcare services, the justice system and families.

Critics of the move would point out that there's little empirical evidence that this move has done anything to reduce alcohol consumption and instead sees a transfer from consumers to alcohol producers able to make abnormal profits from alcohol sales as a result.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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