UK, Europe News Brief (Sept. 25)

Norway’s tipplers and sweet tooths may no longer feel a need to leave the country to stock up on their favorite vices. A tax cut on some goods may be coming soon.

Norway’s ruling party has proposed cutting its famously high sin taxes on alcohol, cigarettes, and sweets.

The CCP virus lockdown showed how much business is lost every year because Norwegians go to neighboring Sweden to get such items at cheaper prices.

Restrictions on travel between the neighbors triggered a jump in retail sales. Especially in the regions bordering Sweden.