Net zero and the nanny state worsens cost-of-living crisis
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Matthew Lesh quoted in The Telegraph
The article read:
“Analysis by the Institute of Economic Affairs (IEA) shows that, without the delays, planned government health and environmental interventions would have added up to £1,035 to consumer bills between now and the end of next year, based on the Government’s own figures.
“Official analysis found that the ban on multi-buy deals on foods and drinks high in fat, salt, or sugar, which had been due to come into effect this autumn, would have eliminated £634 worth of “giveaways” for the average household.
“Matthew Lesh, IEA director of public policy, said: ‘Stealthy nanny state and net zero measures are set to push up bills across the board.
“‘These figures are likely a vicious underestimate of the additional costs to households imposed by government measures.
“‘Just as British households are tightening their belts and scrambling to make ends meet, the Government is adding fuel to the cost of living crisis’.”
Read the full article here.