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Packaging Tax Will Raise Price Of Many Everyday Items, Say UK Firms

Companies have warned that a new packaging tax to fund recycling will push up the price of many products, including soft drinks, beer, kitchenware and small appliances,

Pev Manners, the managing director of the cordial maker Belvoir Farm, said the preliminary cost for glass in the extended producer responsibility (EPR) for packaging was “nuts”. The brand would have to pass on the levy as the fees would wipe out its annual profits, he said.

Read the full article on The Guardian website

NAM Implications:
  • Faced with the choice of
    • Absorbing the extra cost, going bust quickly
    • Passing on cost and going bust slowly
  • Suppliers would probably prefer the latter…
  • When will government realise that many consumer-voters, suppliers, and retailers are at breaking point?
  • Meaning staying alive has to be a priority for all stakeholders…
  • …thereby pushing issues like sustainability into second place at least?
  • Time to get the basics right…
  • …while we have something left to recycle?