The economics of fish and chips
From our UK edition
When you pay £8 for fish and chips, where does the money go? That's the question one restaurant has been busy answering after a customer left a two-star review on Facebook. It wasn't that there was anything wrong with the food – in fact it was 'lovely' and the staff were 'amazing'. But Debbie Davies still felt the need to complain to Oxton Bar and Kitchen over the price for the meal – £8. Happily, staff at the restaurant were happy to provide clarity: 'Ok Debbie. Where do I begin? Out of that £8, our nasty government is charging you 20% vat which we collect by law on their behalf, so we’re left with £6.66.