BOGOF ban to worsen cost-of-living crisis
BOGOF ban to worsen cost-of-living crisis
Commenting on the government’s decision to continue pursuing its ban on supermarket ‘buy one get one free’ offers, Head of Lifestyle Economics at the free market think tank the Institute of Economics Affairs, Christopher Snowdon, said:
“The government’s own impact assessment predicts that banning these deals will reduce calorie consumption by the equivalent of one grape a day.
“When Public Health England looked at it in 2015, they concluded that it could cost households £634 a year and that consumers use these offers as a ‘coping mechanism’ during periods of high inflation. Repealing this policy at a time when food inflation is nearly 20 per cent has to be the biggest no-brainer in British politics today.”