Expected U-turn on minimum alcohol pricing is victory for May and relief for Osborne
The government’s expected U-turn on a minimum price for alcohol avoids a Cabinet revolt which would have included Home Secretary Theresa May. It’s good timing for May as she enjoys the spotlight on her apparent jostling for a future leadership bid as it shows that she enjoys power at the top of the Tory machine, and will again make her a rallying figure for libertarian Conservatives. But the U-turn is also, in the long-term, good for the Chancellor, too. George Osborne is under pressure to deliver a cost of living budget, and raising the minimum unit price would do the opposite, even for squeezed shoppers who drink responsibly. The last