LBR was always under the impression that prohibition cost the UK £14bn a year. This figure comes from the pressure group Transform. But not according to the House of Lords. That bastion of radicalism have said the cost is actually £19bn. Every year.
Whilst Labour have elected a new leader (just announced) and the Con-Dems work on a spending review, the cost of keeping drugs illegal are not the agenda.
If you do not trust this column - then ask the House of Lords.
http://news.bbc.co.uk/democracylive/hi/house_of_lords/newsid_8735000/8735625.stm
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