Biofuels subsidies push up the price of beer

Not only is your pint of lager about to get more expensive, the shot of tequila you might want to have afterwards is also going to rise in price. And it's all down to a misguided US government policy.

More evidence was released this morning supporting my decision to launch the Smart Money UK Pint of Lager Index last Friday.

Inflation is going to be a major theme next year and people expecting a long line of interest rate cuts may just have to rethink what is going on.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.